Are you a front-runner in adopting Internet of Things technologies in your business, or opting for a wait-and-see approach?
The management consulting firm McKinsey & Co. predicts the global economic value from the Internet of Things could reach $11 trillion by 2020, when 50 billion devices will likely be connected.
For industries like manufacturing and asset maintenance, interconnected devices can mean major changes to the way manufacturers design, produce, inventory, and distribute products to customers.
This is paradigm shift is close at hand, many experts predict.
What do you think? Are you convinced or a skeptic?
Infor would like to hear from you about how your company is preparing for this disruptive trend. Take this 3-minute survey.
You'll learn how you rank compared to other respondents, plus you'll get some IoT fast facts. For example, did you know:
- 500 nanosatellites (under 10 kg each) orbit the earth, primarily to connect devices. Details
- A sensor the size of a speck of dust can detect and communicate temperature, pressure, and movement. Details