No longer a futuristic endeavor, the Internet of Things (IoT) today has reached adoption across multiple business sectors. Intelligent digital connectivity is now a part of many people’s day-to-day lives.
From smartwatches to smart cities, every day a growing number of IoT device and sensor types are rolled out and activated. In fact, there are expected to be more than 64B IoT devices worldwide by 2025, potentially generating $4T to $11T in economic value.
These sensors and hubs collect a nearly incomprehensible amount of data. From our heart rate to the weather, or driving speed to a farm’s projected crop production, it’s getting harder to pinpoint things that aren’t trackable by IoT devices.