Trends in the Development of the Internet of Things and IoT-Related Changes in Business and Everyday Life
The Internet of Things (IoT) technologies are increasingly utilized across industrial, commercial, and domestic spheres. They enable the collection of empirical data, identification of cause-and-effect relationships, situation modeling, forecasting, and support effective social and economic decision-making. IoT contributes to enhanced safety, time and energy savings, cost reduction, and revenue growth.
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