Skip to main content Skip to main navigation Skip to search Skip to footer

HCL Technologies

How Technology Players are Acting on IoT

How Technology Players are Acting on IoT

IoT is advancing at a tremendous rate and it is projected that 50 billion devices would be connected with the internet by 2020 as per CISCO, with an economic impact of nearly $2 trillion (as per Gartner). Key IoT enablers are lowering cost of sensors, computing & bandwidth, pervasive connectivity, cloud computing and big data. However, there are challenges and roadblocks like security, data privacy & data ownership for the growth of IoT. By seeing M&A and other market trends, it is very clear that technology giants would want to increase their footprints by giving end-to-end IoT ecosystem – device connectivity, gateways and data platform IoT application enablement platforms.


Contact Us