New Growth Area Number 3: IoT

“Internet of Things has grown out from the use of wireless technologies, through micro-electro–mechanical systems, and is providing micro-services to the internet today. Such development has reduced the space and time between operational technology and information technology and has made it possible to analyze unstructured machine-generated data for insights to drive developments. In recent years, the development of Internet of Things is rapidly moving from machine to machine connection over a local network to devices connected to the cloud directly for autonomous data collection and management.”