The Internet of Things (IoT) offers potential to change the way we live and work. Smart, connected devices can collect and/or share information in a myriad of ways, offering almost unlimited opportunities to create new and innovative solutions.
Different industry sectors are using the potential of IoT in different ways and with different levels of maturity. In each sector, there are early adopters who are achieving significant competitive advantage through their use of the IoT, just as there are laggards who have yet to cotton on to the IoT’s potential to deliver competitive edge.
Let’s take a look at some of the examples of leading players in different industry sectors are deploying IoT devices to gain competitive edge.
Tern plc (LON:TERN) backs exciting, high growth IoT innovators in Europe. They provide support and create a genuinely collaborative environment for talented, well-motivated teams.