Have you developed your IoT strategy? The IoT (Internet of Things) refers to the massive network of devices around the world, characterized by their "smart abilities." These are devices accessorized with data-consuming and data-producing sensors that allow them to communicate with one another and with users. Perhaps the most commonly known and one of the earliest examples of an IoT connected device, is the smart phone. However, the smart phone is no longer lonely in the IoT universe, as now just about every device, from washing machines, to medical instruments, to cars, can be made "smart". The amount of devices continues to grow, as IoT innovators are constantly creating new and exciting ways for data to be transferred. In fact, Gartner predicts that by 2020, the amount of globally connected things will reach over 20 billion. The IoT doesn't come easy though, as many organizations are facing difficulties with their IoT implementation and management. However, with the growing popularity of the IoT, it is imperative that businesses find a way to jumpstart their IoT implementation and overcome the potential struggles that they may face along the way.
The Internet of Things (IoT) is already big and it's growing at an exponential rate. Today, the leading analysts and experts are talking about billions of connected devices with tens of billions more expected in the next five years alone. But there are still a lot of questions around what exactly the IoT is, and how businesses will need to adapt the changes it's bringing.
A little over a week ago, I had the pleasure of attending this year's GartnerITxpo in Orlando, Florida. In addition to talking with CIOs and other technology executives during expo hours, I had the opportunity to attend several sessions on a wide-range of topics as well as mastermind keynotes with Satya Nadella, Steve Wozniak, and Peter Thiel. As promised in our last blog post, we want to share some of the key takeaways from ITxpo.
One of the most interesting sessions that I believe readers will find useful to their IT strategy over the next few years was Vice President and Fellow David W. Cearley’s session, “Top 10 Strategic Tech Trends for 2015”. Cearley opened the session by stating that the increasing digitalization of business creates a high potential for disruption to businesses, end users, and IT.