One of the last industries one would think would be primed to adapt an Internet of Things business strategy would be banking. The fact is, nothing could be further from the truth. Considering the importance of real-time data and analytics along with the sheer number of supply chain providers, it only makes sense to deploy IoT-based initiatives.
Banking providers need to be prepared to respond to an increasing array of Internet of Things (IoT) opportunities, especially in the payments space.
Stephen Veith is founder and lead author/analyst for IoT Sources. Over the course of his career, much of it spent at tech publishing giants CMP and Ziff Davis, he was involved in the creation and establishment of numerous B2B technology information resources.
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