The Internet of Things: Moving From Cost Savings to Revenue Generation

The Internet of Things: Moving From Cost Savings to Revenue Generation

cfoinnovation.com

We’ve all read plenty about the rise of the Internet of Things (IoT), including its exponential growth. The number of connected devices alone is expected to explode in the next few years, with forecasts for new devices by 2020 ranging from 20 billion to more than 200 billion.

Analysts predict that IoT technology will support US$273 billion in spending on services alone in 2017, mostly on professional services to design, install, and operate systems. Read more…

 

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