What does IoT mean for business?
As almost everything — from cars to crops to conveyor belts — becomes connected, IoT is changing the approach businesses operate. By combining IoT data with cognitive computing, a business can extract valuable insights to progress virtually every aspect of their operations and enable innovative, new business models.
For instance, in a connected building, data can be recycled to save energy and for predictive maintenance. Sensors on the production line can surge efficiency. In-store devices can benefit retailers improve the customer experience. And medical data after wearable devices can be used to save lives.