IoT unlocks the door for endless opportunities in the business world. Devices, machines, apps, and even vehicles can connect and swap data through a wireless network. Almost every Internet-connected device in the workplace, smartwatches, buildings, homes and big offices can share data with other hardware and software. According to the latest report, IoT technology holds significant possibilities across diverse industries, with approximately 29 billion IoT devices installed in 2019. The study indicates that there will be approximately 50 billion IoT devices connected by 2030. That’s tremendous! As the Internet of Things (IoT) continues to grow and spread around the world, many industries are beginning to invest in this cutting-edge technology, which is changing how people live and work.