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Intel pushes factory IoT with US$9 million cost savings at plant

Tim Hornyak | Oct. 2, 2014
The Internet of Things is billed as an almost magical realm of possibilities where everything from thermostats to cars will be online.

Developing standards and practices will take time, but the consortiums have already gathered dozens of member companies across a range of industries.

"We're trying to make this as open as possible, because if it becomes proprietary and vertical, it won't proliferate," Cronin said.

 

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