This quote from HBR is important
Industrial companies have tended to be among the last to create digital strategies that harness the new opportunities arising from the proliferation of smart products. That lag poses dangers. Tech titans such as Google and Amazon are working to connect more and more types of objects to the web by offering mobile interfaces for managing just about anything. If someone else designs the apps and software that allow customers to monitor machines, the ripple effects across value chains could force industrial giants into the role of being mere suppliers of commodities.
The article gets into what firms can and should do to correct this. But the important thing is that manufacturing is about to hit a big inflection point. We are not quite there yet, but it is coming up fast.