Expenditures in an IoT initiative The Internet of Things is a key driver of digital transformation. Companies are now investing in new IoT applications for streamlining business processes and cutting expenses. Considering IoT’s exponential growth, companies must now understand the phases and expenditures in an IoT initiative.
The Internet of Things is a fast-emerging ecosystem of IP-connected devices and has the potential of delivering significant business benefits valued at trillions of dollars in the coming decade across…