A timely, essential guide to understanding and monetizing the Internet of Things in any industry What is the Internet of Things? The latest evolution in online technology, the Internet of Things (IoT) is the integration of physical devices such as wearables, consumer appliances, commercial equipment, industrial machines and even cities into the internet-is not only changing the way people live but how business is conducted. The growing demand for more sophisticated products has led leading businesses to IoT enabling the shift from a product- and service-based economy to an outcome-based economy. IoT, Inc. addresses this business revolution and provides expert advice on how to develop a business plan to effectively monetize the IoT in virtually any industry. Written by a recognized industry leader, this book cuts through the hype and clearly explains the technology and business applications of the IoT. This important resource: * Explains how the IoT is radically changing the way businesses make and sell products * Offers valuable insights into IoT from a pioneer in the field * Shows you how to implement and monetize an IoT strategy in any industry * Based on first-hand experience and interviews with over 100 business leaders on how they incorporate IoT into their business strategies