Internet of Things Technology Doing Some Heavy Lifting

In the last decade, the "Internet of Things" has expanded from a small set of assets with first-generation radio frequency identification (RFID) tags to a proliferation of devices using a variety of wireless machine-to-machine (M2M) technologies. By some estimates, there are as many as 10 billion M2M devices deployed worldwide today, expected to grow to a ubiquitous 30 billion by the end of this decade. The power of M2M lies in its ability to capture, transmit and analyze asset data automatically - without human intervention - and inform business decisions that increase operational efficiencies, improve service capabilities and save money.