Gartner, Inc. has estimated that 8.4 billion Internet-connected devices will be in use worldwide in 2017, and that number will reach 20.4 billion by 2020. These “things” range from smart home devices to connected cars to oilfield equipment.
The Internet of Things (IoT) is driving unprecedented levels of efficiency by enabling organizations to monitor and maintain equipment and infrastructure. For example, sensors on fleet vehicles can detect potential problems and automatically schedule maintenance. Environmental sensors and advanced lighting systems make it possible to dramatically reduce energy costs in commercial buildings.