The internet of things (IoT), an interconnected ecosystem of internet-enabled objects—devices, sensors, microprocessors, data hubs, networks, artificial intelligence software and analytics
programs—is already being used across the retail industry. Whether it“s monitoring the supply chain, tracking and managing inventory, delivering personalized promotions, or enabling
ecommerce from new environments, the retail IoT is ushering in an era in which “smart” things can seamlessly collect, share and analyze real-time data. According to an August
2015 study by Retail Systems Research (RSR), the majority (54%) of retailers worldwide with above-average sales growth said they believed the IoT is poised to dramatically change the way companies do
business in the next three years.Read the whole story at eMarketer »
