Connected devices can generate and transmit critical data for business benefits, leading to efficiency improvement and quality decision making, yielding significant direct & indirect capital gains. IDC predicts that these devices are would grow to 41 billion, capable of generating 80 ZB of data by the mid of the next decade.
IoT usage stands as a testimony to heterogeneity. IoT is leveraged across healthcare, agriculture, energy, retail, aviation, manufacturing, logistics, and home automation to a large-scale smart city program. The application of IoT varies by domain. In the manufacturing vertical, IoT is leveraged for industrial automation, safety, security, optimizing the supply chain, better asset, and resource management. While in logistics, it can be leveraged for fleet management, predicting fleet maintenance, and improving safety measures through vehicle telematics. In a smart city program, IoT can be leveraged for optimizing logistics, public safety, and surveillance.
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