17. November 2015 · Comments Off on 6.4 Billion Active IoT Things in 2016: Gartner  · Categories: News · Tags: , , , ,

The Internet of Things is about to get a whole lot bigger, according to the latest forecast from technology market research firm Gartner.In 2016, the IoT will grow at a rate of 5.5 million ‘things’ each day, encompassing a total of nearly 6.4 billion connected devices, a 30 percent gain over this year’s expected total of 4.9 billion devices. By 2020, that figure will shoot up to 20.7 billion units.IoT services spending will jump 22 percent next year, reaching $235 billion. “IoT services are the real driver of value in IoT, and increasing attention is being focused on new services by end-user organizations and vendors,” said Gartner vice president Jim Tully in a statement.

Source: 6.4 Billion Active IoT Things in 2016: Gartner – Datamation

05. May 2015 · Comments Off on The Internet of Things Is a Revolution Waiting to Happen · Categories: News · Tags: , ,

The Internet of Things (IoT) has rapidly become one of the most familiar (and perhaps, most hyped) expressions across business and technology, but will 2015 be the year the IoT will take hold? We asked Jim Tully, vice president and distinguished analyst at Gartner, to discuss what the IoT is all about, and what’s next for business and society.

Source: The Internet of Things Is a Revolution Waiting to Happen – Smarter With Gartner