The internet of things (IoT) looks set to augment the capabilities of almost all finance professionals, even if it may initially have sounded like hype. As a set of technologies based on edge computing infrastructure and 5G or high-speed connectivity, it is rapidly becoming a reality with many real-world implementations. Statista estimates global IoT spending will hit 1.1 trillion dollars this year, predicting the number of IoT devices worldwide will shoot up from 13 billion currently, to more than 29 billion in 2030. HOWTHE WILL DELIVERMORE POWER TO FINANCE Mike Hoy - Technology Director at Pulsant F i nanc i a l Innov a t i on & F i nTech 44 Finance Monthly.
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