Most businesses are persistent on getting products to market quickly, while adhering to regulatory requirements, and meeting increased efficiency demands. Most importantly, continuing to constantly innovate so as to keep up with the growing completion. Mobile workforce, customers, and supply chain demand anytime, anywhere business tools. The Internet of Things (IoT) is increasing the connectedness of people and things on a scale that once was unimaginable.

Research says:
According to Gartner, there will be nearly 26 billion devices on the Internet of Things by 2020. ABI Research estimates that more than 30 billion devices will be wirelessly connected to the Internet of Things (Internet of Everything) by 2020. The Indian government is working on a plan to create a $15 billion IoT industry by 2020, leading to an increase in the number of connected devices from around 200 million to over 2.7 billion by 2020, according to an October draft IoT policy document
Source: Live mint

Take a look at the infografic below to get a clearer picture of what can be expected with reference to IOT in technology enterprises.

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