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This lecture explores the potential of the Internet of Things (IoT) in transforming workplaces and businesses, showcasing its economic benefits and impact on various industries. It delves into the most popular technologies currently used, such as real-time processing and edge computing, and discusses the significant role of IoT in society and business. The lecture also covers the business transformation with IoT, focusing on smart desk objects, wellbeing, and the future of the IoT workplace. Furthermore, it analyzes the vertical companies created to control IoT business landscape, emphasizing data-related services' profitability and the key players in the industry.