7 Industries That Will Benefit the Most from Applying IoT in 2020

What Is the Internet Of Things?

Industries That Can Benefit from Applying IoT in 2020

1. IoT in Healthcare

  1. Cost reduction
  1. Reducing waste and failures
  1. Better management

2. IoT in Manufacturing Industry

  1. Avoiding problems that may cause delays.
  2. Increasing production quality.
  3. Enabling better resource allocation as well as improving worker skillfulness.

3. IoT Applications in Transportation and Logistics

4. IoT in Retail

5. IoT in Municipal

6. Use of IoT in Agriculture

7. IoT in Finance

  1. Personalized marketing
  1. Customer relationship management
  1. Cybersecurity
  1. Proactive services

Move Beyond Standard Business Models

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