What happened to IoT in 2017?

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Internet of Things can be defined as the concept of connecting any object to the internet and to each other. The term IoT was first coined in 1999. Since that time, we have seen an explosion of IoT technology and products. In fact, industry analyst firm IDC says worldwide spending on the IoT will reach $772.5 billion in 2018, an increase of 14.6% over the $674 billion that will be spent in 2017.
In the Forbes article, “2017 Internet Of Things Intelligence Update”, you will find out about the top industries that are leading the way for IoT adoption and the benefits these industries are seeing in their IoT implementations. You will also learn about the three most valuable IoT use cases.
The article points out “Growing revenue and increasing competitive advantage are the highest priority Business Intelligence objectives IoT advocates or early adopters are pursuing today.”
Read the entire Forbes article.
If you would like additional information about IoT or how Arrow can help you align your business to today’s market, contact your Arrow representative. Not an Arrow partner? Contact us to learn about our value-added resources and programs to help you grow your business.

Last modified: September 26, 2019