State of the Market: Internet of Things 2016

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Here’s what you need to know
about the IoT market in 2016:

  • 2015 was the year IoT gained legitimacy.
  • Companies across all industries now have IoT squarely on their radar.
  • A growing IoT market is enabling organizations from every industry to comply with regulations, increase process efficiency, gain better customer insight and build completely new business models.
  • IoT platforms are making the development of IoT applications easier, faster and cheaper for everyone.
  • The next step for IoT is predictive and prescriptive analytics.
  • Convergence between different IoT solutions is addressing real-world problems and helping consumers in their day-to-day lives.
  • 5G will provide the ecosystem to enable a fully mobile and connected world.