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The Global IoT Market Is Expected To Grow To $6.5 Trillion By 2024

February 11, 2019 / PYMNTS

Internet of Things (IoT) technology isn’t just for a smart fridge or a smart speaker in the home: It also has applications for retailers. Swift Sensors, for example, developed a sensor network that monitors variables such as temperature and humidity for restaurant settings. Deployed in a restaurant setting, it has applications in walk-in coolers, freezers, prep lines and ovens. The owner sets the high- or low-temperature threshold and receives a notification by email, text message or phone call any time conditions exceed it.