Internet of Things Spending Exploding

Good news for service providers. The Internet of Things (IoT) continues to gain steam with businesses embracing the scalability, efficiencies and opportunities it presents. In fact, the IoT is expected to increase to $1.7 trillion by 2020 from $655.8 billion last year, according to new research by International Data Corp. This amounts to a 16.9 percent compound annual growth rate.

Read the source article at The VAR Guy

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