Understanding the Explosion of IoT and Its Impact

The Fourth Industrial Revolution is upon us, with the digital transformation of business largely consisting of automation, AI, and rapid technological innovation. Industrial processes and machines are becoming smarter and more modular. A critical enabler of this transformation is the Internet of Things (IoT). Smart, always-connected devices provide real-time contextual information with low overhead to optimize processes and improve how companies and individuals interact, work, and live.

Over a million new IoT devices are connected to the Internet…

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