IoT technology is flourishing at a breakneck speed and has proven to provide unprecedented opportunities for businesses of all sizes. It is estimated that by 2030, around 50 billion IoT devices will be in use around the world. With IoT technology, businesses are entering a world where operations are handled remotely with real-time data.
From other applications of IoT technology, IoT devices and sensors help businesses of all sizes save on utility bills of warehouses/offices and manage operations more efficiently. For example, IoT sensors can measure the occupancy of rooms at any given time and manage the lights or schedule the thermostat accordingly to minimize energy usage.
