7 Trends of IoT in 2017 - OpenMind

IoT is one of the transformational trends that will shape the future of businesses in 2017 and beyond. Many firms see big opportunity in IoT uses and enterprises start to believe that IoT holds the promise to enhance customer relationships and drive business growth by improving quality, productivity, and reliability on one side, and on the other side reducing costs, risk, and theft. By having the right IoT model companies will be rewarded with new customers, better insights, and improved customer satisfaction to mention few benefits. With all this in mind, let's explore some of the trends of IoT impacting business and technology in 2017: Blockchain is more than a concept now and has applications in many verticals besides FinTech including IoT. Blockchain technology is considered by many experts as the missing link to settle scalability, privacy, and reliability concerns in the Internet of Things.