Internet of things can also be integrated with the Smart Grid, thereby enabling real-time energy optimization. Measurements, automated controls, plant optimization, health and safety management, and other functions are provided by a large number of networked sensors. The term industrial Internet of things (IIoT) is often encountered in the manufacturing industries, referring to the industrial subset of the IoT. IIoT in manufacturing could generate so much business value that it will eventually lead to the Fourth Industrial Revolution, so the so-called Industry 4.0. It is estimated that in the future, successful companies will be able to increase their revenue through Internet of things
Madrid bid for the 2020 Summer Olympics the Spanish economy, which is expected to start recovering by the last quarter of 2013, and was predicted to grow over the following five years. The 2020 IOC Evaluation Commission Report on the Candidate Cities for the 2020 Summer Olympics was released on June 25. Madrid 2020 gave a presentation of their bid to the IOC at an Extraordinary session in Lausanne in July 2013. In July 2013, the bid launched their "Illuminate the Future" slogan. Prior to the host city election, FC Barcelona's Lionel Messi pledged his support for Madrid's bid for the 2020 Summer Olympics. At the 125th