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The internet of things (IoT) is exploding -- and as with most explosions there are consequences and collateral damage.
On the positive side, businesses are looking to IoT technologies to enable new business models and transform business processes. The result, predicts the McKinsey Global Institute, will be a direct $4 to $11 trillion global economic impact by 2025 as 80-100% of all manufacturers will deliver some sort of IoT application by that time. Moreover, McKinsey is expecting a 32.6% CAGR in IoT from 2015 through 2020.
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