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Because of rapid technological advancements, new technologies are surfacing every day. But, few improvements become trendsetters.
IoT is one of them!
Like the network of people, IoT introduces the network of things, so that they can connect and communicate with each other with required human intervention.
IoT enables data sharing among all the devices in the network, irrespective of their medium of connectivity.
It aims to reduce the human efforts for conducting business operations to support you in a more skilled manner; It minimizes labor.
IoT greatly revolutionized how businesses interact, especially the retail sector.
Are you wondering why I am partial to the retail industry? It was Kevin Ashton, the marketer of CWG brand, P&G, who coined the term Internet of Things (IoT). IoT initially came to the picture to reduce the challenges faced by the retail sector.