first published week of: 12/21/2015
The Internet of Things (IoT) has gained momentum. Sensors are now small and cheap enough to embed in all kinds of devices, and more companies are leveraging the vast data generated. Here are some key drivers your company needs to remember as you jump into IoT.
Gartner expects 6.4 billion "things" will be connected to the Internet in 2016, up 30% from 2015. Although sensors aren't new, they're being built into more types of devices because they are considerably smaller and cheaper than they once were. More organizations, regardless of industry segment, will embrace IoT devices to lower operating costs, increase revenue, or provide more relevant customer experiences. The road to success comes with pitfalls, however, some of which can be avoided or minimized with little effort or cost. continued…