Monetising IoT for Your Business

The explosion of IoT devices and technologies, from wearables to driverless cars, is creating a world of opportunities for businesses. Driven by pressures to improve customer experience, save operating costs and improve mobility, the worldwide IoT market is expected to grow from 655.8 billion US dollars in 2014 to 1.7 trillion in 2020, with connected devices alone representing 31.8% of the IoT market (according to IDC). And with the growth opportunity now at our doorstep, how do you monetize IoT for your business? Varun Arora, Vice President of Business Development Asia Pacific for Greenwave Systems explains.