CEBR Report: The Value of Big Data and the Internet of Things to the UK Economy
About this paper
Big data and the Internet of Things can lead to both cost savings and revenue growth for businesses. The average increase in revenue for Healthcare as a result of big data and the Internet of Things is 19% with an combined average cost savings of 35%.
The report is based on real data revealed through a survey of businesses and government. The study then looks to the future, presenting estimates of the value of big data and IoT between 2015 and 2020.
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