The Internet of Things (IoT) refers to a network of interconnected devices and systems that communicate and exchange data over the internet, enabling enhanced functionality and automation. In product design and innovation, IoT facilitates the creation of smart products that can gather insights, improve user experiences, and optimize performance through real-time data analysis. This technology drives research and production efficiencies by enabling remote monitoring, predictive maintenance, and seamless integration across various applications and industries.
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The COVID-19 pandemic, while challenging, has led to a few positive outcomes: global lockdowns resulted in significant reductions in air
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In the next five years, $30 trillion in corporate revenues will rely on new products. This highlights digital twin technology’s
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