This post is the second in a series on the Internet of Things (IoT), a topic we've never really focused on in past blog posts. While the first discussed the applications of IoT in supply chain management, this one will focus specifically on its applicability to healthcare. (As many of our readers know, we’re particularly interested in advanced analytics, IoT, Big Data and similar topics as they relate to expanding the healthcare industry and helping to tackle some of the many deeply ingrained problems the industry faces.)
I think we all know the answer to this one...YES, the hype is real. Over the past decade, the Internet of Things (IoT) has evolved from a concept relevant only to technology enthusiasts to something that is permeating every aspect of our society. According to Gartner, 5.5 million new devices will be connected every day in 2016, and the world will have over 20 billion connected devices by 2020!