The Internet of Things (IoT) has the potential to completely revolutionize the healthcare industry. Innovations like smart pacemakers and fitness trackers monitor patients’ vitals and unearth patterns that can lead to more accurate diagnoses. But like any new technology, it also brings a slew of security risks healthcare professionals need to address.

More firms are using the Internet of Things (IoT) to create new business opportunities. For instance, companies that install smart sensors can automate data entry and monitor their inventory. However, if left unsecured, IoT devices also give hackers an opportunity to breach your network.

In the near future, the Internet of Things (IoT) is expected to usher in an era of connectivity and efficiency on a global scale. Many small- and medium-sized companies, however, assume IoT has no application to their business. To dispel those false assumptions, we’ve compiled a list of four ways your business can benefit from using IoT devices.