The Internet of Things (IoT) has evolved from a mere buzzword to a new reality - one that’s approaching faster and at a larger scale than we thought possible. IDC forecasts worldwide spending on the Internet of Things to reach $772.5 billion in 2018 alone. But IoT is complex and harnessing it is easier said than done. While companies may be aware of IoT, they face the common struggles of understanding the use cases that apply to them, what the market opportunities are, and how to correctly implement it into their overall strategy. When it’s done right though, companies can exploit IoT and reap numerous benefits.