IoT devices are rocking the business world: Are you ready to roll with them?
In the IoT era, “things” are creating data. This means that the globally available data is growing at breakneck speed. It’s estimated that there will be 50 billion to 70 billion IoT devices in action by the end of 2020. The volume of data they’d generate, the insights that would be available from the data, and the applications of the same — it’s all very fascinating.
For businesses, however, the fascination is not exactly a good reason to invest their money into ambitious IoT projects. They need to know and understand the latest from the world of IoT, appreciate the information in the context of business applications, and then commission projects in the domain.