•The industrial sector increases business efficiency and visibility through IoT-enabled monitoring and maintenance:More than six in 10 (62%) respondents in the industrial sector have already implemented IoT. Today, the use of IP-based surveillance cameras for physical security within industrial organizations is still in its infancy, with only 6% having implemented it. Across the sector, 83% report increased business efficiency and another 80% have found improved visibility across the organization. Eight in 10 (80%) report an increase in innovation and another 73% report cost savings. Retailers engage with customers and boost sales using indoor location technology:Only about 49% of retailers are using IoT technology, but 81% of these report improved customer experiences.

Source: Mint March 01, 2017 05:48 UTC