What is the IoT IoT stands for the Internet of Things. It is a term that describes physical objects that can embedd technologies for sensing, processing and exchanging data with other systems and devices through public or private wireless or cellular networks, with data often transiting via the Internet. They can be everyday household items like a kettle or oven to sophisticated industrial tools. How big is the IoT market More than 22 billion connected IoT devices are expected to be in use by 2025. That number is expected to almost double by 2027. Every second, 127 new devices are being added to the network. IoT-enabled devices can be professional/industrial equipments but also consumer products. This last category includes gadgets like smartwatches, kettles, door cameras, heating thermostats but also cars. In the future, it is expected that 70% of all cars will be connected to the internet. Harnessing the potential The potential of the IoT is also being harnessed in the gambling industry. Casino companies all over the world are utilizing the technology for advertising, personalized marketing, and to enhance the overall customer experience. Machine to Machine (M2M) communication removes the need for human interaction. By collecting data rapidly […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
