The world is riding the wave of the fourth industrial revolution. Machine to machine interaction, specifically IoT technology, is transforming our lives.
The International Data Corporation estimates that there will be approximately 212 billion connected devices by 2020. IoT platforms, technology, and applications are set to generate $14.4 billion over the next decade. IoT is a force that can help individuals and businesses transform their lives with devices that can represent themselves digitally.
Moreover, IoT solutions can enhance businesses by running sophisticated analytics algorithms on data captured from the physical world. Businesses have the potential to use these insights to increase productivity, improve the customer experience, and enable the development of innovative products and services.
