Lower operational cost and better customer service and support are top reasons on why Internet of Things can change industry.
The Internet of Things is the network of physical objects that contain embedded technology to communicate and sense or interact with their internal states or the external environment. It is also working with efficient wireless protocols, improved sensors, cheaper processors. Startup and enterprise are choosing Internet of Things to enhance their solutions because the Internet of Things offers most effective and cost saving way for the industry. According to industry analyst firm IDC, the installed base for the Internet of Things will grow to approximately 212 billion devices by 2020. It also includes 30 billion connected devices. IDC sees this growth driven largely by intelligent system that will be installed and collecting data across both consumer and enterprise application.