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Showing posts with the label 2018 at 07:57AM

Reason #7 to become an EcoXpert: Surf the IoT wave

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Welcome to my seventh blog in the  Top 10 Reasons to Become an EcoXpert Partner series , centered around the IoT Wave ! More often than not, big technology predictions fizzle out or fail to live up to the hype. But sometimes, a technology barrels right past the hype and disrupts everything. The Internet fits that description, and now it’s looking like the Internet of Things, or IoT, will be just as important in its own way now that companies are riding the IoT wave. Forbes’ IoT forecast gives an idea of how big the IoT market is becoming, citing major trends such as: The IoT market will grow to $457B by 2020 (28.5% Compound Annual Growth Rate) Biggest IoT spending will be in Discrete Manufacturing, Transportation and Logistics, and Utilities B2B IoT segments will generate more than $300B annually by 2020 The IoT wave is sweeping over every business and industrial sector. If you’re in building automation and energy management, it’s getting harder and harder to ignore t...