September 1, 2015
Source: Control Engineering Europe
"Internet of Things: Industry Opportunities"
"Ulrich Wallenhorst, chief technology officer of TE Connectivity's Industrial business unit, comments on how the Internet of Things is driving industry forward. What is often referred to as Industry 4.0 is inextricably linked with another current buzzword, IoT, or the Internet of Things and cloud pioneers such as Google, Amazon or also Microsoft are dictating the way forward in this regard. Aided by technical progress, they have succeeded in making computing power and storage space increasingly more affordable to the point that it has become a negligible cost factor."
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