Finternet Of Things: Strong Reasons Why IoT Can Revolutionize Financial Sector

in #iot3 years ago

Internet of Things industry is developing rapidly and it provides people with a range of digital devices and sensors all around the world. According to predictions of Gartner consulting agency, about 6,5 billion of connected 'things' will be available by the end of 2018. And, by the way, this figure has grown for 30% comparing to 2016. It is expected that we will get almost 20 billion IoT devices by 2020.

As IoT is surrounding us in all fields of activity, banking area is also striving to make use of IoT and get some benefits. The niche of the IoT web or mobile app development services is growing, so let's see main reasons why you need IoT in banking and other financial services.

Full post - https://www.cleveroad.com/blog/iot-in-banking-and-financial-industry-see-main-benefits

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