A $7 Trillion Opportunity Most Are Missing

There has been a lot of buzz around the Internet of Things, or IoT, for the past few years. Perhaps it is because Cisco Systems estimates there will be 50 billion new connections by 2020, while IDC believes the IoT market will be $7 trillion in just five years.

But despite this massive potential, a new study from Accenture found that 73% of companies have yet to make any "concrete investments" in the Internet of Things.

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