As enterprises increase their global deployments of IT services at the edge, internet of things (IoT) adoption is expected to follow suit. IoT revenue is expected to grow rapidly as companies integrate IoT platforms within their businesses, with IDC predicting worldwide spending on IoT software and hardware to grow from $726 billion in 2019 to $1.1 trillion in 2023.[i]
As the IoT market matures and companies seek to derive value from it, new considerations and best practices are emerging. IoT relies on a highly distributed network capturing data, which needs to be analyzed in real time given that it can rapidly lose value over time. This leaves enterprise business and IT managers asking themselves: How can I process data while the intrinsic value is still high? In addition, as IoT devices proliferate and the amount of data increases, the need to seamlessly integrate partners becomes even more crucial.
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Integrated IoT capabilities accelerate product and service development and time to market, while optimizing asset data delivery and workflow processes.
In her presentation at the Pacific Telecommunications Conference (PTC) 2020, Equinix Chief Product Officer, Sara Baack discusses best practices for deploying successful edge and IoT implementations. In her presentation, Ms. Baack talks about the importance of connecting IoT device makers with partner ecosystems via direct and secure interconnection so they can collaborate and innovate. By doing that, enterprises can better scale operations and optimize supply chains and more quickly deliver on the promises of IoT. Integrated IoT capabilities accelerate product and service development and time to market, while optimizing asset data delivery and workflow processes. And the intelligence gathered from distributed IoT devices, analyzed in real time, enables greater operational efficiency and customer satisfaction.
Learn how an interconnected, distributed IT infrastructure at the edge provides a scalable and secure platform for high-performance IoT experiences by watching Sara Baack’s “Getting ”Edge-y” with the Internet of Things (IoT)” presentation.
Learn more about winning IoT deployment strategies by reading the Internet of Things – Digital Edge Playbook.
Also learn why Equinix is a leading colocation and interconnection services provider by reading the: IDC MarketScape: Worldwide Colocation and Interconnection Services 2019- 2020 Vendor Assessment