Is The Internet of Things A Perfect Storm?

Iot Internet Of Things

Is The Internet of Things A Perfect Storm?

There has been a great deal of discussion surrounding the Internet of Things over the past couple of years as more companies are taking an active and aggressive interest. IBM for example has recently decided to invest $3 Billion over the next 4 years.

“Our knowledge of the world grows with every connected sensor and device, but too often we are not acting on it, even when we know we can ensure a better result,” said Bob Picciano, senior vice president, IBM Analytics. “IBM will enable clients and industry partners apply IoT data to build solutions based on an open platform. This is a major focus of investment for IBM because it’s a rich and broad-based opportunity where innovation matters.”

Research firm IDC predicts the market to hit $7 Trillion by 2020 and there appears to be a growing number of venture capital firms shifting investment funds into the new IoT and IoE markets.

“The connected car and home are as big an opportunity as the connected phone,” said Venky Ganesan, a managing director at Menlo Ventures. “When the iPhone came out in 2007 we had a difficult time seeing all the things that would emerge out of that platform. Similarly, it will be tough to envision and predict all the innovations that are going to emerge out of this platform, but I am sure they will and it will be equally transformative”

We’ve published a number of infographics here on CloudTweaks surrounding IoT but very few as creative as the one found at 451 Research.  Click the image to zoom or visit the link at 451 Research to see a larger version.

IoT-internet-of-things

Ronald van Loon
Getting Future Ready Hybrid cloud is the foundation in which modernized organizations are built, and organizations need a modern platform and infrastructure to get the most out of their hybrid cloud environments. Organizations need to ...
Gilad David Maayan
What is Open Source Security? Open source software is now an inseparable part of most software projects. Research has estimated that as much as 90% of enterprise software is made up of open source components ...
Ramanan GV
Using Conversational AI In the era of speed and consistency, many service providers in the connectedness industry deal with a significant number of calls related to network outages. Their inability to predict these outages and ...
Gary Bernstein
Five Ways to Improve Exchange Server Security A ransomware attack can bring your entire organization to a halt. Many state-sponsored and financially motivated threat actors often target email servers, such as Microsoft Exchange, to steal ...
David Discenza
Four Ways to Improve Cybersecurity (Updated: December 9th, 2022 ) Cyber-attacks on businesses have become common place. In fact, it’s estimated that a cyber-attack occurs every 39 seconds. Who are the targets of these attacks? ...