Industrial setups and factory floors are increasingly relying on operational technologies for the integration of Information Technology (IT) systems with Operational Technology (OT) systems. This has provided the end-user organizations with a system for monitoring and managing industrial systems and process management solutions. It has also opened numerous revenue opportunities for several companies with expertise in IT/OT, along with the possibilities of a higher level of remote management capabilities. Coupled with Industry 4.0, which includes cloud computing, IoT, IIoT, and AI, organizations are moving toward the concept of the smart factory with more focus on data generation and analysis. The future of the industrial sector will include the concept of a digital twin, which can integrate IoT and AI to create the next generation of manufacturing.
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