Digital transformation is rapidly reshaping industries, generating explosive productivity growth, and creating entirely new business models. The Internet of Things (IoT) is an important technology pillar in today’s digital transformation process, as connected devices are able to collect unprecedented volumes of information, enabling data-driven decision making for better business outcomes and improved quality of life.
From consumer to corporate, local to global, we are an increasingly interconnected digital society. IoT networks are a strategic part of that environment as they are comprised of interconnected devices that collect and share data that can then be used to make semi- and autonomous decisions in such places as manufacturing floors, ordering systems, and consumer-based applications to drive exponentially better productivity and efficiencies in the creation and delivery of goods and services. As a result, organizations of all sizes are better able to recognize and respond to changing market forces and newly identified opportunities in everything from consumer spending to inventory control and critical infrastructure systems.