IoT Market Predicted To Double By 2021, Reaching $520B
Bain predicts the combined markets of the Internet of Things (IoT) will grow to about $520B in 2021, more than double the $235B spent in 2017. Data center and analytics will be the fastest growing IoT segment, reaching a 50% Compound Annual Growth Rate (CAGR) from 2017 to 2021. IoT customers are planning and executing […]
Roundup Of Internet Of Things Forecasts And Market Estimates, 2018
According to IDC, worldwide spending on the Internet of Things (IoT) is forecast to reach $772.5B in 2018. That represents an increase of 15% over the $674B that was spent on IoT in 2017. The global IoT market will grow from $157B in 2016 to $457B by 2020, attaining a Compound Annual Growth Rate (CAGR) […]
Predictive Maintenance for People – the endgame for the Internet of Things (#IoT) and healthcare
Predictive maintenance is one of the oldest and most tested uses cases for the Internet of Things (IoT). For years now, we’ve been able to analyze incoming data from sensors embedded in machines and make decisions about whether or not maintenance activities should be executed. Typical scenarios have historically focused on things like wind farms, […]
Here come the Jetsons: Flying cars and the Internet of Things (IoT)
Part 3 of 3 on the Future of Transportation and the Internet of Things If you ever watched the cartoon series The Jetsons – or almost any other show set in the space age – you’ll notice that people often get around in personal spacecraft that they themselves drive. Well, the space age is almost here […]
Gartner’s Top 10 Predictions For IT In 2018 And Beyond
In 2020, AI will become a positive net job motivator, creating 2.3M jobs while eliminating only 1.8M jobs. By 2020, IoT technology will be in 95% of electronics for new product designs. By 2021, 40% of IT staff will be versatilists, holding multiple roles, most of which will be business, rather than technology-related. These and […]
73% of Executives Are Researching & Launching IoT Projects In 2017
Manufacturing-based IoT connections grew 84% between 2016 and 2017, followed by energy & utilities (41%). 73% of executives are either researching or currently launching IoT projects. The IoT platform market is expected to grow 35% per year to $1.16B by 2020. B2B uses can generate nearly 70% of the potential value enabled by IoT. These […]
73% Are Using Internet Of Things Data To Improve Their Business
According to the Cisco Visual Networking Index, M2M connections will represent 46% of connected devices by 2020. 95% of execs surveyed plan to launch an IoT business within three years. These and many other insights are from the recently published Cisco Internet of Things (IoT) study, The Journey to IoT Value: Challenges, Breakthroughs, and Best Practices published […]
What the Internet of Things will look like 10 years from now
I was asked recently where do you see the Internet of Things in 10 years? It is a cool question to think about, and to frame it properly it helps to think back to what the world was like 10 years ago, and how far we have come since then. Ten years ago, in 2007 […]
2017 Is The Year Integration Enables Industry 4.0 Growth
35% of companies adopting Industry 4.0 predict revenue gains over 20% in the next five years. Data analytics and digital trust are the foundations of Industry 4.0. Cost-sensitive industries including semiconductors, electronics, and oil and gas are the most focused on adopting Industry 4.0, with 80% of companies in these industries saying it is one […]
Integration Will Accelerate Internet Of Things, Industrial Analytics Growth In 2017
Enabling real-time integration across on-premise and cloud platforms often involves integrating SAP, Salesforce, third-party and legacy systems. 2017 will be a break-out year for real-time integration between SAP, Salesforce, and third party systems in support of Internet of Things and Industrial Analytics. McKinsey Global Institute predicts that the Internet of Things (IoT) will generate up […]
