IoT in Retail: leveraging sensor-driven actions
Introduction: A New Era of Retail Innovation In today’s radically evolving retail landscape, streamlining operations, while driving productivity and maintaining compliance, are essential for staying competitive. We are now in a new age of digitalization, where technology such as IoT (Internet of Things), is expanding the opportunity for innovation in retail, by revolutionizing how retailers improve workflows, engage with customers, and cut costs. To understand the impact of IoT in the retail space, it’s important to recognize the depth of its capabilities, the untapped opportunities and long-term benefits of the technology.