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Increased IoT adoption opens new door of opportunities for providers

Increase in the internet penetration rate, growing interconnected devices and BYOD trend in the organizations along with an increase in the new technologies is leading to growth in the Internet of Things (IoT). The term IoT is used for representing a system of interconnectedness of machines, computing devices via internet, allowing easy exchange of data. As per the data released by Microsoft in the Hosting and Cloud summit 2017, IoT is impacting all sizes of businesses from manufacturing, infrastructure, logistics, transportation to government and is helping organizations with insightful data and analytics. It also promotes asset management and remote monitoring. The coming years can see several inventions around IoT, like smart lighting to take control over energy consumption, smart parki...

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