In the age of IoT, manufacturing companies have access to an unprecedented amount of data. However, the true value lies in utilizing this data to make strategic decisions that drive business growth. By harnessing the power of IoT and effectively analyzing the data it generates, companies can gain valuable insights into their operations, supply chain, and customer behavior. This data can inform decision-making processes, enabling manufacturers to identify patterns, optimize production processes, identify areas of improvement, and make informed predictions for future demand. By incorporating data-driven insights into their strategic planning, manufacturers can stay ahead of the competition, increase operational efficiency, and deliver products that meet the evolving needs of their customers. This ability to leverage data for strategic decision-making is a crucial component of maintaining a competitive edge in today’s rapidly changing business landscape.