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5 IoT Predictions for 2019
IoT has come a long way since David Nichols networked a Coke machine across ARPANET in the 1980s. As a matter of fact, the current (conservative) estimate for IoT device deployment worldwide is 7 billion (and that doesn’t even include other connected devices, such as laptops, smartphones, etc.). As organizations adopt strategies to overcome initial challenges that include architecture complexity, security concerns, lack of widely accepted standards, shortage of skilled data scientists and more, it’s easy to understand why IDC is predicting the market will eclipse $1.2 trillion in 2022. As more IoT platforms begin to better align with major cloud providers, such as AWS or Azure, there’s never been more opportunity for IoT success.
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