Internet of Things (IoT) & Financial Services Industry (FSI) Introduction
Gartner forecasts that, on a worldwide basis, “endpoints of the Internet of Things will grow at a 32.5% CAGR from 2013 to 2020, reaching an installed base of 25.0 billion units.” However, with the deployment of 25 billion new endpoints, the Deloitte analysis report suggests that as many as one-quarter of sensors deployed in 2013 could be of use to FSIs, rising to one-third in 2015 and then to about 50% by 2020.IoT has been the buzz word in the minds of everyone in the Industry and especially that of the Financial Services Industry too. However, it is not hard enough to imagine IoT being the major disruptors within the Financial Services Industry which heavily relies on the collection of [...]









