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depends on your requirement... whats your use case..
there are the ways to get the benefit out of it but all depends on your need.
have you ever tried ibeacon by apple, its BLE.. Bluethooth low energy meant to prorvide information based on user location for apple ios users.
this is one example of IOT and so many others to target customers.
There are many usages depends on the type of company for example a security company can locate a IP to a thing that they want to monitor secure that thing by monitoring...etc
I depends which industry are you working.
Suppose IOT won't help you a lot in Banking domains. But if you are in electrical service provider company you can have lots of opportunities to create business in IOT.
I have knoweldge online chick employees and vehicle detail like that employees pass. oppintment, visa renewal system, and vehicle renewal registration, vehicle fines detail check also.
IoT is basically the ability of electronic machinery to either transmit or store information about its performance and usage.
For instance benefits can be realised in manufacturing industry when techniques like suggestive and predictive analytics is done on this data to extend uptime by suggesting corrective measures in failing machinery, automating maintenance tasks, ordering of spares parts etc.
IoT use is growing rapidly and within the next 5 years it will be widely used. IoT can be used in different industries and for different uses reducing cost and resource consumption.
IoT devices range from robot-like units to tiny chips that hook into industrial or office machines allowing the user to fully control the device, or merely collect specific data from it.
Through IoT organization can get alerts and real time data about specific areas in the operation that can help in avoiding critical issues, being proactive such as in manufacturing; or get informative data such as measuring temperature in transported containers or trucks; reporting on traffic jam to enhance delivery routing; track products and protection against theft.
The list can goes on and on and IoT and organization will invest more in this sector. On the other hand security concerns will be raised and more control will be required.
New jobs, especially those requiring software development, data analytics and quantitative skills, will be created to support products and services enabled by the IoT economy.