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The Internet of things ( IoT) is the network of physical devices, vehicles, and other items embedded with electronics, software, sensors, actuators, and network connectivity which enable these objects to collect and exchange data
The manufacturing companies around the globe are embracing new approaches to automation, there is expansion in robotics industry beyond the optimistic predictions. China with highest market share in robotics market maintains its position as leading consumer for advanced robotic devices. Integration of robotics in Internet of things (IoT) is constantly pushing the boundaries of technology to create new smart products that make factories around the globe safe, productive, and cost-efficient.