India, Jan. 3 -- The Industrial Internet of Things (IIoT) combines digital technologies such as cloud computing, IoT and machine learning (ML) and to drive value for the business. Businesses today need to stay competitive in the global market by reducing cost of operations and cost of servicing customer.

Ubiquitous connectivity, cheap data rate, reduction in sensor price, reduced cloud commute and data storage cost, availability of massive data from operational technology, device sensors and enterprise systems, etc., are some of the key catalysts that are making IIoT a reality.

Geo political instability, trade wars, fluctuating price of commodity, etc., further adds to challenges. Customers are demanding greater experience. They are no ...