IoT: The New Blood In Veins Of Old Fashioned Businesses

IoT: The New Blood In Veins Of Old Fashioned Businesses

The biggest struggle for each developing company is to make money and keep the most margin profit. As a company becomes bigger, it is hard to reduce the extra cost especially when the company is following a traditional managing and manufacturing system. With a brief look at the market cap, it is highly understandable that most money maker businesses are the most digitialized ones. On the other hand, traditional and old fashioned companies are getting faded one by one.