This report examines the food and beverage and consumer packaged goods (CPG) industries and their use of industrial analytics in factories, and the availability and use of factory data for corporate analytics and other activities outside the factory. The author compares core operational metrics between companies that have adopted these trends and those that haven’t yet made the leap, to pinpoint operations that are most impacted by the adoption of these practices. This research uncovers best practices in the use of industrial analytics and data visibility and further explores: The relationship between operational performance and the use of IIoT applications and analytics solutions in performance improvement; and The impact of these capabilities on financial performance.