The Technology Headline Mag8 Final9

FOREWORD
T
he Internet of Things may be a new phenomenon but its growing impact on retail
and ecommerce industries is likely to expand across business operations. Still in the
early stages of innovation and improvement, IoT is seen as a major enabler in
redefining the relationship between man and machines. Today’s businesses are gearing
up to cope up with IoT challenges and to bring solutions while creating a competitive
advantage through its many technologies. Along with the changes in business models, an
IoT designed transformation can help companies refocus on processes, which leads them
to new opportunities and profits and better business outcomes. In many ways, IoT is what
organizations look for in the digital age. The IoT ecosystem as it promotes better forms of
collaboration between multiple players has the potential to take software development to
a whole new level.
The IoT industry is in a state of constant progress and IoT companies are coming up with
new developments every minute. But more necessary is to identify the channels where IoT
can deliver maximum effectiveness. Also, understanding how early adapters have made
the most out of IoT technologies to benefit customers is critical. What strategies did these
companies employ to gain leverage in their IoT investments becomes an important talking
point. With several companies in the midst of the IoT business, breaking down the
complexities of IoT adoption will go a long way in showing them the right way to improve
solutions.
Already some research firms have concluded that Internet of Things (IoT) is the most
hyped technology in 2014. Although much of the investigations have found IoT to be in a
nascent stage that needs more time to really start influencing industries on a larger scale;
however, looking back at the past few years its relevance in bringing innovation in
consumer products has increased more than any other technology. IoT’s best contribution
has been in enabling a modern workforce with the skill sets important to utilize digital
assets. The future workforce will have a lot to thank to IoT systems for creating new ways
of interaction and improving efficiency. Moreover, IoT can be vital to enhance productivity
of various other systems, and to outnumber old legacy systems with newer ones, which
has always been a top priority of modern day-organizations.
At a time when the industrial and computer world is hoping to intersect so both can grow
in strength, IoT has become one of the most trusted weapons. To study why IoT is so
crucial for a better connected economy ‘The Technology Headlines’ has went on to write
about top IoT companies and their multitude of IoT products and applications on a
common forum. Using their industry insights, this IoT issue aims to put forward a
comprehensive piece of work for readers based on leading IoT technologies.