PwC: IoT will become multitrillion-dollar market by 2020

Oleh: admin
August 5, 2014

Companies have embarked on a progressive but massive adoption of “Internet of things” (IoT) technology, investing in sensors to collect data, that is then wirelessly sent for further analysis or alerts, according to a survey.

IoT involves hardware, like small devices and wireless networking, as well as software, but sensors are usually key for extracting data from objects and the environment, said PwC in the survey, released Mon.

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