"The Internet of Things, or IoT, refers to the billions of physical devices around the world that are now connected to the internet, all collecting and sharing data. Thanks to the arrival of super-cheap computer chips and the ubiquity of wireless networks,"
The IoT is clearly the latest tool in the arsenal that organizations use to gain the differentiating advantage over their competition. IoT can deliver this competitive advantage in multiple ways, ranging from simpler optimizations in the bottom line to highly sophisticated business transformations. At various ways in which IOT is helping business become more competitive in today’s demanding market.