Information through connectivity. Automation through innovation.
Around 75 billion of connected IoT devices by 2025
An estimate of 79.4 zettabytes (ZB) of data generated from IoT devices by 2025
Global IoT spending is predicted to hit $1 trillion by 2022
The concept of IoT relies on the possibility of devices (or just hardware) to “talk” between each other without the need for human guidance.
Thanks to the advance in wireless connectivity devices can receive and exchange data on a world scale.
To achieve these two points above, the Internet of Things had to utilize technologies that were not widely available 10 years ago. Some, but not all include Artificial Intelligence, Big Data, Machine learning, new communication protocols and cloud service.