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Benefits of IoT for small and medium businesses in 2023

February 16, 2023
Volodymyr Rudyi

Today, more and more large enterprises apply IoT technologies and gain significant advantages. At the same time, multiple small and medium-sized companies only start considering IoT and the benefits it provides. But these organizations can also strengthen their positions in different competitive industries by adopting IoT solutions.

According to Gartner, by 2022, 90% of corporate strategies will consider data ‘as a critical asset and analytics as an essential competency.’ Gartner also states that by 2022, more than half of the main new business systems ‘will incorporate continuous intelligence that uses real-time context data to improve decisions.' Thus, IoT technologies will continue to reshape the established ways SMEs conduct their business.

So how can SMEs benefit from IoT? Read about the top six areas where small and medium-sized companies can leverage IoT solutions to improve their operational performance in our new eBook.

Are you curious to learn more?

Read our eBook "How small and medium business can benefit from IoT"
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