The number of IoT (Internet of Things) connected devices is set to almost triple to 38.5 billion in 2020.
According to new research from Juniper Research, the industrial and public services sector will form a majority of the device base.
Juniper found that while the number of connected devices already exceeds the number of humans on the planet by over two times, for most enterprises, simply connecting their systems and devices remains the first priority.
“We’re still at an early stage for IoT. Knowing what information to gather, and how to integrate that into back office systems remains a huge challenge,” noted research author Steffen Sorrell.
Additionally, interoperability hurdles owing to conflicting standards continues to slow progress. Nevertheless, there are signs that standards bodies and alliances are beginning to engage to overcome these hurdles.
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