The conversation between human and AI assistant.
Which companies in the manufacturing sector are willing to get themselves IoT enabled in near future?
Does IoT technology require a significant investment from companies?
Yes, implementing IoT technology can require a significant investment. Companies need to invest in devices and sensors to collect data, as well as a network infrastructure to transmit and store that data. There may also be costs associated with software development, data analytics, and cybersecurity. However, the potential benefits of IoT can outweigh the costs in the long run. Do you have any other questions?