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IoT is typically associated with smart homes or vehicles. One compelling (but perhaps lesser known) use case is asset tracking. IoT can enable items to be tracked anywhere at any time. It can also provide valuable information on the item’s state and environment, including the level of humidity or light exposure, or evidence of tampering.
IoT is changing the retail industry, specifically looking at the order fulfillment and logistics subsectors. "Demand-aware" warehouses are emerging.