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IoT is a system of interrelated computing devices, mechanical and digital machines, and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

Benefits of IoT

The internet of things offers a number of benefits to organizations, enabling them to:

  • monitor their overall business processes;
  • improve the customer experience;
  • save time and money;
  • enhance employee productivity;
  • integrate and adapt business models;
  • make better business decisions; and
  • generate more revenue.

IoT encourages companies to rethink the ways they approach their businesses, industries and markets and gives them the tools to improve their business strategies