or inventories. A large number of businesses are beginning to leverage IoT principles to create
process efciencies in production, logistics and supply chain management.
Consumer Impact:The increasing consumer impact of IoT is evident in the growing demand for
smart products ranging from smartphones and smart watches to intelligent home lighting / heating
appliances and remote health monitoring systems. IoT applications are enabling the consumers
to gain more control over life, leisure and health.
Public Sector Impact:Local governments are actively seeking to develop ‘smart cities’ that are wired
into the IoT ecosystem. ...
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