The Internet of Things (IoT) is becoming ubiquitous, as equipment – and people – are getting instrumented. A phenomenon akin to Moore’s Law – where the capacity and reach of bandwidth is expanding as costs are dropping, with similar trends impacting the cost and capability of digital sensors – has fueled the explosion of IoT.
More than just a curious trend, enterprises have a huge stake in harnessing IoT, as it could provide greater visibility into the operations and challenges that they already face: operating supply chains; smart grids; improving operational efficiency; predicting and preventing machine failure; detecting and preventing intrusions; and so on. The challenge for enterprises is how to make sense of this data before it overwhelms them.
Europe, Middle East & Africa team - +44 (0) 207 017 7700
Asia-Pacific team - +61 (0)3 960 16700
US team - +1 646 957 8878
Already an Ovum client? Login to the Knowledge Center now