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IoT changes home monitoring. As the way we monitor our homes changes, so do the dangers we are able to monitor for remotely. (Photo: Shutterstock)

The Internet of Things (IoT) has transformed the way we live our daily lives, requiring slow-moving industries, such as insurance and home security, to kick into overdrive when it comes to innovation; we’ve reached a critical time when companies are being challenged to innovate new product offerings that meet the needs of the consumer.

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