Selling connected devices to the public continues to be hit or miss, but General Electric and Hitachi have no qualms about going all-in for the Industrial Internet of Things (IIoT).
According to Application Resource Center (ARC), the technology leviathans Hitachi and GE are betting big on IIoT, a market which GE recently estimated could be worth $225 billion in four years. By 2030 GE Digital predicts total investment in IIoT will reach a mind-boggling $60 trillion