AWS Blog Post: 

Manufacturing industries only realize 20 to 30 percent of the value of their data. By consistently leveraging the value of their data, manufacturing companies could reduce product development costs by up to 50 percent and operating costs by up to 25 percent, while increasing their gross margins by one third[1]. Industrial IoT (IIoT) is a data lever – it brings machines, field assets at the edge, cloud computing, analytics, and people together to improve the performance and productivity of industrial processes. With IIoT, industrial companies can digitize processes, transform business models, and improve performance and productivity, while decreasing waste. 

Read the blog here.