THE Internet of Things (IoT) is the new technology buzzword which is expected to generate US$267 billion worth of revenue by 2020 according to the Boston Consulting Group.
For such a large market, the application of IoT can be diverse from manufacturing to transportation to retail. A brief overview can be seen in the Forbes graphic below.
One of the leading companies in the area of IoT would be Hewlett Packard Enterprise (HPE). Volkhard Bregulla, the vice president of Global Industries for HPE, was in Singapore to attend the Internet of Things World Asia conference at Marina Bay Sands.