The Internet of Things: Revolutionizing the Retail Industry

Jonathan Gregory has written a strategic document for Accenture that focuses on how the Internet of Things creates opportunity for retailers. Here is an exerpt from that article: "The IoT movement offers retailers opportunities in three critical areas: customer experience, the supply chain, and new channels and revenue streams. While the IoT may seem like science fiction, it is becoming reality faster than most of us can comprehend. Retailers that hesitate to develop and execute an IoT strategy will open the door for competitors—old and new alike—to swoop in and capture early IoT mind share and market share." Read more.