A Personal Rapid Transit vehicle, or driverless electric pod car, which transports Masdar Institute of Science and Technology students between parking areas and the campus, is seen in Abu Dhabi. GCC countries are pegged to see a high adoption of IoT for smart transportation.
As the Internet of Things (IoT) comes into focus, a majority of organisations across the world are trying to understand its role and relevance to their growth.
IoT already connects more than 10 billion devices worldwide and over the next five years, this number is expected to grow to 100 billion. By 2025, IoT will generate economic benefits between $4 trillion to $11 trillion (Dh14.69 trillion to Dh40.41 trillion) globally. By all indications, IoT is a logistical and economic force that every organisation should address.