3 Ways Retailers Can Move Towards Monetizing the Internet of Things

To claim your share of the IoT's $7 trillion in revenue pie, consider these three ways to help you move faster down the path to monetizing the IoTs:

1. Think beyond the device. What if your business has nothing to do with smart homes, fitness, health care, transportation or any of the other industries currently being heralded as first movers in IoT? Not to worry. Truth is, IoT monetization opportunities go far beyond the self-adjusting thermostats and wearable fitness devices of the early adopters.