Internet of Things

Better business: How to harness value from IoT technologies

While the IoT has grown considerably, it has also faced considerable headwinds. Image: UNSPLASH/geralt

Michael Chui

Mark Collins

Partner, McKinsey & Company

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Internet of Things

a chart showing how the Internet of Things' large and growing economic-value potential is concentrated in nine settings where the technology is deployed
The Internet of Things' has a large and growing economic-value potential. Image: Mckinsey and Company

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Image: Mckinsey and Company

a chart showing that by 2025 China could account for 26% of the estimated global economic value enabled by the Internet of Things.
China could account for 26% of the estimated global economic value enabled by the Internet of Things. Image: Mckinsey and Company

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Related topics:

Internet of ThingsThe Digital Transformation of BusinessFourth Industrial Revolution

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