Infographic: How the Industrial Internet Could Spark Radical Productivity Gains

By IOT Content Manager

Make no mistake about it: the coming fourth Industrial Revolution (or Industrie 4.0, as the German government calls it) will have a significant impact on workers and the overall economy. A recent infographic from RS Components Ltd says that there will be considerable financial gain from the Industrial Internet. In it, the company cites a GE prediction that the Industrial Internet will add $10-15 trillion to the global economy by 2030. Energy costs could be slashed dramatically–by up to 70 or 80%. And the GDP in the United States and other nations could increase significantly as well.