IoT: Biggest Revolution in Retail

#artificialintelligence 

If the IoT represents a huge opportunity for almost every facet of the business, this is particularly true for supply chain specialists, operations and analysis. The leaders of e-commerce and traditional commerce see an opportunity of competitive advantage in IoT. Even though I've already wrote about IoT in my previous posts, let me give you again a quick definition of it. In 1999, Kevin Ashton (MIT Auto-ID Center) describes the Internet of Things as a network of interconnected objects that generates data without any human intervention. Today, Gartner describes the IoT as "the network of physical objects containing embedded technology to communicate, detect or interact with their internal states or the external environment." For some IoT is only a new name of an old concept, the only thing which has recently changed in this existing concept, is the evolution of Cloud technology.

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