The Internet of Things (IoT) is bringing new efficiencies to the way businesses across industries operate, adding new conveniences to people’s lives and improving the way our cities and governments function.

When applied correctly, IoT devices can be used to connect systems and improve processes, from something as ordinary as managing a thermostat to something as complex as remote asset monitoring and maintenance or full process automation. And it’s only getting started. McKinsey estimates that the use of IoT devices could add as much as $12.6 trillion of value to the global economy by 2030.



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