While the full impact of the Internet of Things (IoT) may seem like a far-off future event, that future is happening right now. This massive network of physical objects with IP addresses or other radio signals that communicate with each other over the Internet is rapidly increasing, and the pace is accelerating. Companies in every industry and sector are seizing the opportunities IoT offers. If your firm does not enter the ring soon, your competitors will certainly leverage IoT to improve efficiencies and reduce costs—thus increasing the pressure on your organization.
Studies indicate approximately 12 billion devices currently connect to the Internet worldwide—this 1 includes basic computing devices such as servers, desktops, laptops, smartphones and tablets As IoT utilizes embedded technology to extend connectivity beyond these traditional devices to a diverse range of everyday things—such as thermostats, vehicles, appliances, wearables, electronic devices and vending machines the IoT footprint will expand tremendously.