IoT as a Service: Lowering the Cost Barrier of IoT for Small and Mid-Sized Businesses

DICK WEISINGER | March 18, 2020

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There are already 20 billion IoT-connected devices, and 8 billion of those are devices used by enterprises, according to a report by Gartner. The impact of the Internet of Things market is potentially $11 trillion by 2025. The investment in IoT has come primarily from large businesses, but the technology is increasingly available via ‘as-a-service’, making it possible for businesses of all sizes to benefit. The ‘as-a-service’ model reduces the cost of ownership and capital expenditures and makes it easy for small businesses to investigate IoT with smaller up-font investments and less risk. Frank Della Rosa, research director at IDC, said that “Software as a Service (SaaS) continues to be the most highly deployed cloud segment, representing a commanding 62.4% of the total cloud market revenues.”

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Higgns is an embeddable IoT platform that runs at the edge and enables development of products and services for connected devices.

OTHER ARTICLES

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Article | April 16, 2020

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Article | April 16, 2020

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Article | April 16, 2020

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Higgns

Higgns is an embeddable IoT platform that runs at the edge and enables development of products and services for connected devices.

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