Automation in the manufacturing industry has made major advancements over the years. One of those innovations are collaborative robots, or cobots. These robots work alongside humans to increase efficiency and safety. Cobots are also growing in popularity as companies realize how versatile they are. Innova Research says 4 percent of the total industrial robots shipped in 2015 were cobots. Manufacturers are also beginning to incorporate Internet of Things into business models. This technology can improve the performance of hardware and provide real time feedback. When combined with robots, Internet of Things can create a larger network within a company that also increases productivity.