Unlimited Data: The Power of the Internet of Things

“IoT is expected to revolutionize traditionally managed businesses and, in conjunction with big data analytics, would result in more effective and efficient use of resources. Service companies can leverage IoT-based solutions [by helping] their technicians to monitor and assess issues visiting their customer’s location. IoT would help bridge the demand-supply gap for businesses, especially small and medium enterprises, with the integration of inventory management and customer relationship management systems. In a world where everything is connected and devices intelligently communicate with each other … the IoT could well become internet of everything.” – Abhinav Sridhar, senior consultant, Aranca Research