The Internet of Things (IoT) is the “rockstar” of business trends these days. It is the number one in Gartner’s Hype Cycle, expected to grow to 26 billion devices by 2020. The IoT is further expected to generate an incremental supplier revenue contribution of around $309 billion and an economic value-add (which represents the aggregate benefits that businesses derive through the sale and usage of IoT technology) of $1.9 trillion across sectors in 6 years from now. The outlook is bright, however there are not only endless possibilities but alsoRead More
Big data has been a “thing” for some years now and still many mid-sized and smaller businesses are figuring out if it is worth getting into it or not. The answer will most definitely be yes. To explain this rather radical statement let us define big data real quick. In theory Gartner, Inc.’s definition “Big data is high-volume, high-velocity and high-variety information assets that demand cost-effective, innovative forms of information processing for enhanced insight and decision making.”Read More