Across the world, experts in multiple industries seem to agree on one core assessment: We are only at the beginning of the Internet of Things (IoT) revolution.
Consider the scale of future impact. Over the next five years, humans will more than triple the number of "things" connected to the Internet, growing them from 15 billion today to 50 billion by 2020. Still, 50 billion represents only a tiny fraction of what could be connected — something on the order of 3% of all connectable things.
The sizzling pace of innovation in recent years — particularly the proliferation of embedded sensor technology, wearables, and apps — has already caused incredible change, and in just a few short years. What will the supply chain world look like when not 1% of things, nor 3% of things, but 30% of things are connected?