How will the Internet of Things be Strategic to the Enterprise?

The Internet of Things (IoT) is quickly becoming entrenched in both consumer and enterprise IT as both a technology priority and a buzzword. As IT practitioners continue the ongoing evaluation of the rapidly growing array of IT tools and technologies available to the Enterprise, it might be time to question how strategic the IoT will be to the successful and smart enterprise of the near future.

Perhaps it would be best to discuss the IoT by first removing its “buzzword” status. The IoT is nothing more than a convergence of today’s pre-existing top IT Trends—think smart mobility, cloud, biometrics, and big data. But it is the true convergence of these technologies—working together seamlessly as interoperable parts of a whole—which is the goal and should define the term “Internet of Things.”

The data should be familiar. By 2020, IoT will be an .9 trillion market with over 212 billion connected “things,” meaning that within the next 5 years, the connectedness of everything will be one of the world’s largest industries.  

But the question is not “will the IoT be important” but is rather, “will it be strategic to the enterprise?” Will planning for and installing “IoT” ready devices now result in success over your competitors?

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