The Internet of Things (IoT) connects physical objects with sensors to digital systems, enabling real-time data exchange and control. It powers applications in homes, cities, vehicles, and industries, driving efficiency and innovation. IoT’s potential value could reach $12.5 trillion by 2030, especially in manufacturing and healthcare. Key success factors include robust platforms, seamless connectivity, cybersecurity, and scalability. Industrial IoT (IIoT) strengthens manufacturing by reducing downtime and enabling remote operations. Companies must prioritize strategy, talent, and tech to unlock full IoT value.

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