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The sectors that DBS Bank’s Chief Innovation Officer believes IoT will reshape

Neal Cross looks beyond his financial patch and discusses IoT's effect in other industries - and sees a business model in manufacturing evolving.

Neal Cross, Chief Innovation Officer at DBS Bank, muses on the industries most affected by IoT today. And while considering the economic advantages of smart, sensor-laden machinery for manufacturing, Cross also talks about the emerging trend of machine leasing, where information gleaned from these new sensor networks inform owners how often they’re working at different capacities. It’s similar, he says, to the early days of cloud computing. And that’s just one example.

This interview is part of Hot Topics’ The IoT Opportunity series, powered by ForgeRock.