Uploaded September 2019 | Updated September 2026, 6 hours ago

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Microsoft’s new report on IoT provides an insight into the state of IoT adoption in businesses. The report signals companies on how they can better serve its customers, and help business leaders in the development of their IoT strategies. Nearly 85% surveyed Businesses are adopting IoT, and about 88% consider IoT as critical to business success, according to the report. Businesses adopting IoT are optimistic to see a 30% ROI on their IoT projects going forward.

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