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The Internet of Things (IoT) is a handy network of physical devices embedded with sensors, software, and connectivity that allow them to collect and exchange data. These devices can include industrial-level machines but are more often smart versions of everyday devices, like lights, HVAC systems, security systems, locks, wearables, and sensors.
A business using these interconnected objects can turn the data it gathers into actionable insights, streamlining operations, enhancing decision-making processes, and unlocking new avenues for innovation. IoT devices enable real-time monitoring and analyses of processes, assets, customer behaviors, and more. No matter which combination of devices is used, business owners can more easily improve their strategies, please customers, and boost their value to stakeholders.
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