Companies that are slow to integrate the Internet of Things into their business will fall behind the competition.
According to insights from Telematics Wire, around 96% of businesses are moving toward implementation of Internet of Things in next 3 years.
Many IoT implementations are already undertaken by your competitors. It’s a good time to consider a proof of concept that uses your existing infrastructure with economical up gradation.
According to a survey by The Economist Intelligence Unit, over 3 quarters of companies are either actively exploring or using IoT with advancements in their infrastructure.
A tsunami of data associated with the IoT is a bit overblown. A terabyte an hour comes from the R&D processes of testing airline engines, not a typical aircraft in flight.
According to Forbes, IoT data is not all that big. Time stamping of data summarizes and compresses the data to even 1000:1 ratio.
Top 10 jobs in 2010 did not exist in 2004. Jobs for Internet of Things was one of them. Isn’t it bewildering that a concept which bearly was in a germ state has reached such level of demand?
According to SlashData (earlier VisionMobile), today there are just 300,000 developers contributing to the IoT but it is projected that a whopping 4.5 million developers will be working in an IoT related role by 2020.