In the shift from an industrial to a digital economy, many countries are targeting the Industrial Internet of Things (IIoT) as a means to deliver faster growth. But without establishing the right enabling conditions, they will not fully capture the opportunity.
The Accenture Institute for High Performance measured the potential direct and indirect impact of the Industrial Internet of things on the GDPs of 20 developed and emerging economies. These countries generate more than three-quarters of the world’s economic output. Each country’s ability to absorb IIoT benefits were then analysed and the findings of both were combined to project how the IIoT can impact the potential GDP growth by 2030 for 20 different countries.
This report provides a starting point—based on Accenture’s analysis of the national absorptive capacity for IIoT -related technologies of 20 countries—for determining the kinds of policy changes and investment required to turn the IIoT into a more powerful force for economic growth.
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- Accenture Institute for High Performance