Organizations are increasingly introducing new Internet of Things (IoT) devices into their environments. According to Statista, the aggregate number of IoT devices deployed by organizations globally increased from 7.74 billion in 2019 to around 8.74 billion a year later. The market and consumer data firm reported that the next few years will see growth in all types of IoT devices, including Industrial Internet of Things (IIoT) offerings like smart monitors.

From smart homes that enable you to control your thermostat from a distance to sensors on oil rigs that help predict maintenance to autonomous vehicles to GPS sensors implanted in the horns of endangered black rhinos, the internet of things is all around you. The internet of things (IoT) describes the network of interconnected devices embedded with sensors, software, or other technology that exchange data with other devices and systems over the Internet.