TECH SUPPLIER Jul 2020 - Market Perspective - Doc # EUR146715420

Public Cloud Is a Key Enabler for IoT Use Cases and Innovation in Europe

By: John GoleResearch Director, European IoT Practice, Filippo VanaraResearch Analyst, European Multicloud

Abstract

This IDC Market Perspective analyzes the opportunity for cloud service providers in the European Internet of Things (IoT) market. It analyzes the growth of public cloud spending on IoT software, highlights the most important cloud-related use cases based on IDC's latest Internet of Things Spending Guide, and provides advice for cloud service providers.

"The IoT market is maturing and becoming a standard part of enterprise IT and operations. IoT devices are generating growing volumes of data that organizations expect to incorporate into their cloud-based applications. Cloud service providers have an opportunity to be central players in the IoT ecosystem, helping to drive the market forward while capturing a growing share of the market," said John Gole, research director, Internet of Things, IDC Europe.


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