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There’s a huge new marketplace emerging and it’s definitely worthy of watching. The Internet of Things (IoT) is coming on strong…so strong, in fact, that the IoT marketplace is expected to exceed $130 billion by 2024. Here’s what the experts say to expect – by 2020 – IoT service offerings related to discrete manufacturing, transportation and logistics and utility industries. In just these three areas, projections are that each will represent $40 billion in spending on platforms, systems and services. That’s a big deal!
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