Digital transformation is at the very core of business today, yet many companies still struggle to execute on this imperative. The Covid-19 pandemic has made this imperative even more pressing: companies that don’t act with urgency to get through the crisis and recovery mode risk falling behind at a time when they can least afford to.

Among the slow adopters are those companies struggling to implement the industrial internet of things (IIoT), one of a handful of new technologies that the World Economic Forum and McKinsey consider pivotal to the future of manufacturing—and a vital improvement lever to help operations emerge from the crisis. As one executive told us, “Preparation is critical, but extremely difficult. I struggle with knowing how to apply digital-transformation concepts in the real world.”

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https://www.mckinsey.com/business-functions/operations/our-insights/industrial-iot-generates-real-value-if-businesses-overcome-six-myths?cid=other-soc-twi-mop-mck-oth—&sid=3633510210&linkId=98258996&s=09

https://www.mckinsey.com/~/media/McKinsey/Business%20Functions/Operations/Our%20Insights/Industrial%20IoT%20generates%20real%20value%20if%20businesses%20overcome%20six%20myths/industrial-iot-generates-real-value.pdf