IKEA Smart Home Investment Could Be Boost The Internet Of Things Needs

IKEA: its stores are big and, so are its revenues. In the financial year between September 2017 and August 2018, the Swedish multinational retailer earned €38.8 billion in global revenues ($43 billion). This obviously isn’t all profit though, because aside from what must be hefty operational costs, IKEA has just announced that it will “invest significantly” in the development of its Home Smart range, which will become its own business unit within IKEA of Sweden.

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