Showing posts with label professional social networks. Show all posts
Showing posts with label professional social networks. Show all posts

Tuesday, 8 September 2015

Internet of Things: Risks and Opportunities for Businesses

Intelligent devices and their ever growing network encompassing our daily lives emerged as the utopian idea for our Tech savvy generation. As predicted by Research Firm IDC, by 2020 there will be over 28 Billion objects with data exchange capabilities. Internet of Things is already on the way to materialize as the next big tech trend. Its enormous growth rate can be presumed from a report by Gartner Inc. indicating that the use of IoT devices in 2015 was up by 30% from 2014 with over 4.9 Billion connected devices. Furthermore, according to IDC predictions, IoT market will hit $7.1 Trillion by 2020.