The internet of things: Are organisations ready for a multi-trillion dollar prize?
The Internet is expanding. And this is not just in terms of getting accessible to more people; it is expanding beyond humans. Machines are becoming connected. Machines are talking to humans, but increasingly, they are also talking to one another. And this interconnectedness of machines, or the Internet of Things (IoT), is a potential multi-trillion dollar market that organisations can now tap into.
However, do organisations realise the scale of the opportunity?