IoT is Strategic to Organizations

IDC defines the Internet of Things (IoT) as a network of uniquely identifiable end points (or things) that communicate bi-directionally without human interaction using IP connectivity.

Key IoT coverage from IDC includes:

  • Worldwide, regional and ecosystem technology breakout forecasts including units installed and spend
  • Analysis of technology components
  • Annual worldwide business decision maker survey on IoT adoption, preferences, and deployments
  • IoT purpose-built platforms

IDC Predicts...

By 2021, expanding mobile IoT use cases – particularly 5G – will drive 70% of G2000 companies to spend $1.2B on connectivity management solutions.

By 2022, 75% of new IoT applications deployed will be packaged applications, compared to 25% today.

By 2027, Quantum, Accelerated, and Heterogeneous Computing for “IoT-related use cases” could take up 30% of the overall computing and market.