IoT will disrupt the way we think about logistics. IoT will impact the In-transit visibility of shipments, providing essential information about the Identification, Location and Condition of products as they travel around the globe.

Ongoing growth of connected devices in the IoT will change the way life sciences organizations serve patients and customers as well as their temperature-sensitive supply chain. Variations in temperature can transform modern medical miracles into useless material and billions of dollars are at risk.

IoT systems enable rapid manufacturing of new products, dynamic response to product demands and real-time optimization of manufacturing production and supply chains, by networking machinery, sensors and control systems together.

The importance of data in delivering efficient, effective healthcare is obvious and has never been greater. IoT applications enable value-based care, shifting financial incentives to a model in which providers are compensated based on how their patients fare, rather than by the number of tests, visits or procedures performed.