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