From Business Insider:
Many industry experts and excited consumers have pegged The Internet of Things (IoT) as the next Industrial Revolution or the Next Internet. Because it will be the future of the way businesses, governments, and consumers interact with the physical world.
IoT is centered on the idea that there is a tremendous amount of sensor data that could be used to run value chains more effectively. Within demand management, however, there are already huge amounts of data that too few consumer goods and food & beverage companies fully leverage – Point of Sale (POS) data.