So far, manufacturing operations have focused their efforts on optimizing their physical assets, improving their mechanism for waste control, working to create lean operations on the factory floor and creating automated environment to improve efficiency. These efforts and the metrics that drive them to better decision making and improve profitability.

Many manufacturers are testing Industry 4.0 concept by deploying a combination of technologies to take advantage of big data, automation and the Industrial Internet of Things (IIoT). In following areas, manufacturers are putting IIoT to smart business use,