The Internet of Things (IoT) has the potential to drastically change the way products and services are developed, sold and consumed. The IoT is capturing the attention of executives who want to differentiate their offerings and value-add through connected solutions. IoT is providing companies with the ability to capture and analyze new types of data at faster rates than ever imagined. With the IoT market still in its formative stages, this is the right time for companies to understand how data from sensors and connected devices will impact their businesses. What is the potential for new revenue and how will IoT change the competitive landscape? Advances in technology including high-volume data storage, real-time analytics and cloud computing have led to explosive interest in IoT products and implementations. And IoT data analytics will change the way companies develop and manufacture products and redefine the way companies interact with their customers.
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