Particle sees the IoT market entering its next phase in 2016

Businesses around the world are starting to invest in the “Internet of Things,” and these companies are starting to understand how investments in connecting the physical world to the internet will positively affect their bottom line. Tata Consultancy Services released a global research study earlier this year, which surveyed 800 executives from multinational corporates throughout the world, and found these business leaders see their IoT investments directly contributing to revenue gain, citing increases ranging between 15% and 64%.It seems the promise of IoT was enough for many corporations to invest in 2015, with 7% planning to make major investments of $500 million or more and another 12% planning for $100 million this past year, according to the same study.