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The way in which the Internet of Things (IoT) is taking shape, a number of businesses are trying to find ways in which they can use the same to their benefits. The manufacturing industry is expecting reduced energy consumption, improved efficiencies and fewer disruptions at work. The government is expecting environmental and cost benefits. For the logistics industry this is a business innovation to improve planning increase safety and provide better overall service. Wearable technologies are getting a boost due to the use of applications that are powered using the IoT.

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