The Internet of Things (IoT) has shifted to a center stage topic over the past year, delivering tangible benefits that are impacting both personal and business lives. IoT ruled the agenda at the International Consumer Electronic Show (CES) in January, and was a focal point at the recent Word Economic Forum (WEF) and  I fully expect it to dominate the technology landscape for the rest of 2015 and beyond.

The related interest in big data is understandable as businesses find new ways to leverage data for improved operating efficiencies and revenue uplift. However, we’ve only begun to scratch the surface, as there are infinite possibilities to harness data for competitive advantage, improved productivity and value creation. With a myriad of devices interconnected through the Internet, and the right analytics framework in place, IoT has the potential to change the way we live our lives, both personally and professionally, at the speed of light. There are many challenges, however, that need to be overcome before the full potential of this technology is realized.  

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