Enterprise Talk September 15, 2023
By Bineesh Mathew

The Internet of Things (IoT) shapes our connected world. The IoT trends in 2023 reflect how it impacts businesses.

From smart homes that enhance convenience to industrial IoT platforms, the scope of IoT applications continues to expand. Security and privacy remain paramount concerns as IoT adoption grows.

This article delves into the present landscape of IoT, shedding light on prevailing IoT trends.

What is IoT

McKinsey defines IoT as:

The Internet of Things (IoT) describes physical objects embedded with sensors and actuators that communicate with computing systems via wired or wireless networks—allowing the physical world to be digitally monitored or controlled.

IoT enables devices to communicate and collaborate, adding value to enterprise operations. These devices find uses in every sector....

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