The advent of the Internet of things (IoT) is changing the way businesses work. Its impact is visible in asset tracking, product manufacturing, designing, and healthcare, etc. Various businesses use IoT technology for office automation, data analysis, etc. Integrating IoT enabled devices to your businesses can help you stay ahead of the curve. We as an IoT application development company receive requests for integrating smart IoT solutions for warehouse management.
According to a Forbes survey, healthcare, manufacturing, and financial services are the leaders in using IoT technology. Businesses are connecting IoT capabilities with other powerful technologies like Artificial Intelligence and Big data analytics to maximize business benefits. 58% of survey correspondents in the financial services sector were reported developing IoT initiatives followed by healthcare organizations with 55%. The proliferation of IoT systems is visible in the manufacturing and financial services sector with 47% and 42% respectively.
According to the MarketsAndMarkets IoT market is projected to reach over $560 billion by 2022. Our IoT app development experts have collaborated with various real-estate builders to turn a simple home to a smart home.