The industry is already talking about ‘Industry 4.0’. According to experts, the Internet of Things will provide a fourth industrial revolution. IoT in the industrial sector is mainly about the fact that machines, by making them smart, report themselves. You can then anticipate and make the right decisions. Sensors collect data and it is processed and displayed in a software application. That ensures better decision-making. How can machines be used more efficiently? When is maintenance or repair required? Can certain processes be automated? Less errors, less waste, lower costs and ultimately more profits are the result.