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Rise oF IoT

IoT is still in its infancy stage although 2016 was a foundational year. According to a June 2017 report by IDC on IoT investments, cross-industry IoT cases will reach $86 billion by the end of 2017. This would catapult it to be the second largest industry from an IoT investment perspective. The Internet of Things is reshaping life as we know it from the home to the office and beyond. IoT products grant us extended control over appliances, lights, and door locks. They also help streamline business processes; and more thoroughly connect us to the people, systems and environments that shape our lives.

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