The Internet of Things (IoT) wirelessly connects people, objects, animals and locations to the Internet for the purpose of sharing data. In the smart world of the future, just about anything will have the capability to “talk,” providing tremendous amounts of data for analysis and use by organizations.
The IoT opens up possibilities for better products, better data and better marketing. But the potential for risk is real. From privacy and security concerns, to labor shortages and data storage challenges, there are a host of concerns surrounding IoT. This infographic discusses these risks as well as the potential benefits IoT may have on a company’s bottom line.