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These are the Top 5 IoT Applications for Retailers

November 25, 2019 / IoT.Business.News

From smart shelves to smart coffee machines, the internet of things (IoT) has become a game changer across every industry. In fact, according to Statista, the number of connected devices worldwide will hit 30.73 billion by 2020. And with 88% of adopters saying that IoT is critical to the success of their companyio, IoT devices are expected to top 75 billion by 2025ii. Whether connecting new or existing devices, retailers are finding plenty of reasons to embrace IoT. Microsoft recently commissioned the IoT Signals Report which provides insights into IoT adoption rates across retail and other industries. It turns out that 92% of retail decision makers view IoT as critical to business success—and 96% say they are satisfied with the value that IoT has added to their company. So, how are retailers using IoT to drive business results? Below, we’ll count down to the top IoT usage scenario for retailers. If you’d like to learn more, be sure to register for the upcoming IoT in...