10 Companies Making Money From the "Internet of Things" [Infographic]
The “Internet of Things” (IoT) is expanding every day.
For those have not yet heard the term, Gartner defines IoT as physical objects that contain technology which allows them to communicate, sense or interact with their internal states or external environment.
From cars to bracelets and even light bulbs, more and more historically offline products are making their way onto the Internet thanks to consumer demand. However, there is a price to pay for adding Interent capabilities.
Whether it's charging a higher purchase price, a monthly fee or an installation fee businesses are examining a multitude of options with the hopes of recovering the extra capital needed to make the product while at the same time not losing any potential customers due to the items cost of ownership. Here are 10 cool companies who are doing just fine, and making money from the Internet of Things.