There is little doubt the Internet of Things (IoT) is swiftly and drastically altering the way products and services are created, sold and consumed. Companies must understand today how data from the increasing use of sensors and actuators will impact their businesses tomorrow. Saying the IoT’s influence will be huge going forward is an understatement. According to Cisco, there will be a staggering 50 billion things connected to the Internet and revenues in excess of $19 trillion come 2020. With these predictions, savvy executives can anticipate unparalleled revenue streams and disruption in the competitive landscape. IoT is a revolutionary new space. Expertise in prototyping and manufacturing everything from the sensors that capture and communicate data, to the end-products that utilize them, will remain critical.