A Data-Driven Approach to Risk Reduction and Customer Satisfaction

According to a top research and advisory firm, more than 6 billion connected “things” will be in use this year, a 30 percent increase over last year. The same report estimates that 5.5 million new “things” — devices, sensors, etc. — are connected daily. By 2020, there will be more than 20 billion sensors and devices connected to form the Internet of Things (IoT). Smart home products are a major driver of IoT adoption at the consumer level, including connected devices like smart thermostats, appliances, sensors, and more. Smart home products were featured prominently at this year’s Consumer Electronics Show…