From around 2 billion objects in 2006, to over 15 billion today and a projected 200 billion by 2020, the Internet of Things (IoT) is transforming the world in which we live.
The market for IoT is projected to be worth a staggering $11 trillion by 2015 – about 11% of the world’s economy – and it’s not just everyday consumers who are benefitting. These innovations are having a major impact on industry, with the data provided by smart sensors already being used to track inventory, manage machines, and improve systems, all of which is helping to save costs and improve efficiency.
