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4 Things You Need to Know About IoT Platforms

White Paper Published By: ThingWorx
Published:  Dec 03, 2015
Type:  White Paper
Length:  2 pages

On course to reach a projected 25 billion connected things by the year 2020, businesses have no choice but to embrace the Internet of Things. As the true value of IoT is being realized, companies are accelerating towards a new “data economy,” where products don’t simply generate direct revenue; they also create valuable data that is funneled back into the organization. The stakes are huge, and it’s no surprise that IoT adoption is surging at an annual growth rate of over 30 percent.

But as the race towards IoT picks up steam, companies should chart their IoT strategy carefully, including one of the most fundamental pieces—an IoT platform. While the considerations are many, here are five key issues to be mindful of when approaching IoT infrastructure.

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thingworx, iot, infrastructure, it management, data management, business technology