The rapid expansion of the Internet of Things (IoT) has allowed for millions of devices to be connected.

According to Gartner, 8.4 billion connected devices are being used today and, by 2020, that number will increase to 20.4 billion devices. This connectivity allows for almost everything in the virtual world to be measured, presenting a major opportunity for companies – especially those looking to strengthen their environmental health and safety (EHS) protocols. In the case of EHS, the IoT allows companies to collect an abundance of data, which can be streamlined to enable deep analysis for more informed decision-making and the prediction and reduction of risk and incidents.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.