The Internet of Things allows millions of devices to be connected, measured and monitored to automate processes and operations and support better decision-making. IoT is expected to produce a massive amount of information which will be used to optimize the consumption of all types of resources and improve the efficiencies of increasingly interconnected systems. IoT will also enhance or create new services to bring sustainable value to businesses, consumers, and the overall environment. Today, the IoT already impacts the business models of many industries and services such as consumer electronics, automotive, utilities, facility management, smart buildings, connected cities, e-health, supply chains or manufacturing applications.
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