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Top 5 Ways How Internet Of Things Can Affect Businesses

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Whether you are ready for it or not, Internet of Things is here. As per the research of Gartner conducted a few years back, it is estimated that there will be about 6.4 billion interconnected devices in 2016 and that will go high to 13.5 billion by 2020. It is expected that over the coming years the number of such devices influencing our lives will be more and it is going to revolutionize our living space. What is the Internet of Things? To start with Internet of Things is a phrase, which is used to describe internet-enabled devices that are connected over network. Today a good number of devices are influenced by IoT app development and more are expected to be designed in the future. So now the question arises - how it is going to change businesses? The same have been explained below: You will know where everything is all the time Right now, warehouses and supermarkets makes use of barcode tracking system to manage their inventory. But you will be able to have an intu