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Small businesses can gain a significant edge using IoT technologies

As the cost of instrumenting things with sensors and wireless transmitters drops, every "thing" will be a candidate for measurement and optimization. According to a June 2015 report from McKinsey Global Institute, the Internet of Things (IoT) could generate more than $11 trillion per year by 2025. How do they get to that number? A big part of it involves a direct impact from factories, but the impact from small businesses might be greater than you think.
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