Travel Industry Leads Spending on Internet of Things Initiatives
The “Internet of Things” (or IoT), the trend of connecting various sensors and devices to company networks, gets a lot of hype in the press, but not as much analysis of how it impacts business spending. However, according to a recent report, the travel industry is leading the way in IoT implementation, with average spending per company reaching $128 million in 2015. Initiatives like smart sensors in airplane engines, smartphone beacons in theme parks and keyless hotel room entry are all helping to transform the industry
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