7 Trends for the Internet of Things in Hospitality

Telkonet | August 24, 2016

By: Jesse DePinto, Product Manager at Telkonet, Inc. There is no doubt that the Internet of Things will impact the way we do business today. Intel estimates that the number of connected devices will grow from two billion objects in 2006 to a projected 200 billion by 2020, or 26 smart objects for every human on Earth. Giants like GE are calling the Industrial Internet of Things the "Third Wave of Innovation" following the Industrial Revolution and the Internet Revolution. The hospitality industry possesses great potential for increasing revenue and decreasing expenses by integrating IoT technologies in their operations. For example, a s...