IoT is crucial for the asset-intensive industries - Manufacturing, Energy & Utilities, Transportation & Logistics, Life Sciences, and Healthcare industry, at multiple points in their value chain. IoT enables real-time analytics on the data gathered from sensors at the site of operations, producing relevant on-field intelligence - which makes IoT indispensable for monitoring and introducing visibility and optimizations almost immediately.

IoT applications have also begun transforming the retail industry as in-store intelligence have been finding increasing application in improving store operations and experiences for the connected end customer. It enables real-time analytics on data gathered from sensors on the site of the operations, producing relevant on-field intelligence that makes IoT indispensable for monitoring and introducing visibility and optimizations almost immediately.