India, April 19 -- There's no question that the Internet of Things (IoT) is going to shape the future of virtually every industry. Like the personal computer, the internet, and cloud computing before it, IoT has the potential to kickstart a massive wave of corporate change.

I'm hardly alone in my IoT bullishness: a 2017 McKinsey survey found that 62% of corporate leaders believe the IoT's impact on their industry will be either "very high" or "transformative." The source of this broad-based enthusiasm is no mystery. From capturing new streams of data that can be funneled into increasingly mature analytics platforms to facilitating the automation of a range of routine processes, strategically integrated IoT devices will significantly elevat...