The opportunity for a broad range of industries to take advantage of the Internet of Things (IoT)—the plethora of network-connected devices that enable “things” to collect and exchange data—is here and now, according to Jason Mann, director of Industry Product Management at SAS. Still, many companies are slow to recognize and act on this opportunity.
He notes that Gartner puts the IoT at the top of the “hype cycle.” Many are talking about it, but most companies haven’t gotten very far. “The opportunity is there,” Mann tells the International Institute for Analytics. “And people aren’t seizing it yet.”