IoT

IoT

The Internet of Things (IoT) is transforming businesses and peoples’ lives and will continue to ignite innovations in the future. It is expected that we will progress to billions of connected devices globally over the next decade1 that will generate multi-trillion dollars of economic valueacross many markets forming the foundation of a totally interconnected world—or the Internet of Everything. In this vision of a totally connected world, Mobility technologies will play a pivotal role in connecting the devices at all scale. IoT is the new game changer for businesses and individuals and is considered the fourth industrial revolution by experts and scientists, however, a revolution is often triggered by the rise and demand of certain driving factors. Similarly, IoT and its development are also backed by certain key components. Thus, if organizations want to prosper with IoT, they need to consider who and what is driving IoT and its innovation. Such technology transformation driven by automation will improve productivities and reduce costs across our lives.