The advent of the Internet of Industrial Things (IoIT) has triggered an influx of services such as cyber security and advanced maintenance, and this has dramatically widened business opportunities in the manufacturing services sector, according to a new study from Frost & Sullivan.
As integration with information and communication technologies (ICT) such as big data analytics and cloud-based platforms form the crux of next-generation manufacturing services, solution providers are developing new services that address security and operational improvement as well as maintenance and support, the firm says.
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