IoT and the development of a circular economy

IoT and the development of a circular economy

Few topics receive greater hype in the media today than the Internet of Things (IoT), and still a report produced by McKinsey & Co. last summer argued that the potential impact of IoT technologies might actually be understated. An estimated economic impact of $3.9-11.1 trillion a year by 2025 was the bottom line of McKinsey’s research.