Archive for the ‘Internet of Things’ Category

The Internet of Things will be huge, observes Harish Venkat. But is your IT infrastructure ready to support it?

IDC predicts that the worldwide IoT market will grow from $1.3 trillion in 2013 to $3.04 trillion in 2020 (‘Finding Success in the New IoT Ecosystem: Market to Reach $3.04 Trillion and 30 Billion Connected “Things” in 2020, IDC Says,’ press release, Nov. 7, 2014). In its FutureScape IoT 2015 Predictions report from last month, IDC also states that within three years, 50% of IT networks will transition from having excess capacity to handle the additional IoT devices to being network constrained.