The four stages of IoT development: How we get to a fully automated world

The Internet of Things, or IoT, plays a huge part in automating the world. IoT refers to how different devices are connected via the web and are able influence their surroundings. Now, these devices are increasingly starting to be able to make decisions by themselves. Driverless cars, self-operating factories and automatic health advice from fitness trackers are just three examples of how autonomous connected devices can transform society. The business implications of these innovations are huge.