Machine to machine communication coupled with real time analytics makes Internet of Things (IoT) a powerful tool. According to a recent survey by Accenture, The Internet of Things is forecast to comprise approximately 212 billion “things” by 2020. This will include 30 billion connected (autonomous) things. Connected ecosystem is the future!
If we take the time to observe our surroundings, we will find overlapping ecosystems that have the potential to improve on outdated tools by incorporating them into the network. The key is to be able to leverage the data that passes through. To do this we need the proper infrastructure to manage and enhance these connected devices. Companies like Alphabet, Apple, Intel and many more are in a race to provide the world with a platform for all of your IoT devices, allowing you to control multiple ecosystems through one interface. In the fight to develop a universal platform, these companies will play a major role in determining the ease and ability of new IoT technologies to enter the market.