How IoT is revolutionizing facilities data management

IoT is finally entering its rightful place as a fully fledged enterprise technology that is revolutionizing many different industries and business functions. Just Google the terms “IoT” and “revolutionizing” and you’ll pull up a myriad of examples of just how widespread this impact is. Research predicts that global spending on IoT will reach almost $750 billion this year, an uptick of 15 percent from 2018 levels. Another report predicts that by 2025 businesses and consumers will have deployed more than 41 billion IoT connected devices at a growth rate of nearly 30 percent between now and then.

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