With an estimated 29 billion connected devices expected to be in operation by 2022 – and over 75 billion Internet of Things (IoT) devices anticipated to be in use by 2025 worldwide – the Internet of Things is a major consideration for forward-thinking enterprises.

Analysts and major enterprises predicted there would be 50 billion Internet of Things (IoT) devices connected by 2020, yet the true figure stands closer to 9 billion. Here, Eseye asks if this is the biggest prediction failure in the history of IT, and identifies the six key challenges that IoT must overcome in 2020 to reach its potential.

The Internet of Things (IoT) promises more flexibility and functionality for enterprises than ever before. More connected devices hold the promise of helping enterprises streamline supply chain operations, increase efficiencies and reduce costs within existing processes, enhance product and service quality, and even create new products and services for customers.

In western Europe you may think of security of power supply in terms of keeping the regulator happy and avoiding fines. In the extreme cold of Russia and Kazakhstan says Jeremy Cowan, the focus is on saving lives by avoiding unexpected shutdowns in power generation. 

IIoT (Industrial Internet of Things) has ushered in a new era of efficiency and intelligence for the manufacturing industry.

Experienced executives in many sectors will tell you that today they face their toughest business challenges ever. Even leaders in successful and well-established enterprises are concerned at what the third decade of the millennium holds for them. Lean new competitors are entering the market, they enjoy lower operating expenses and are using disruptive technologies to tear up the rule [...]

Storing information on the cloud makes a lot of sense for businesses in the tech industry. It provides them with flexibility, scalability and an affordable alternative to costly on-site infrastructure.

At this year’s IFX Conference in Las Vegas, State of the Edge, a diverse, member-supported research organisation, announced the availability of State of the Edge 2020, a free market research report that explains and documents the latest developments in edge computing.

Global technology spending on the Internet of Things (IoT) is expected to reach $1.2 trillion (€1 trillion) in 2022, led by industries such as discrete manufacturing $119 billion (€108 billion), process manufacturing $78 billion (€70.8 billion), transportation $71 billion (€64.5 billion) and utilities $61 billion (€55.4 billion).

In early 2019, the UK’s first smart factory was created, using the newly launched 5G communications network to facilitate quick data transfer speeds.