Tuesday, 9 January, 2024

90% of tech companies state importance of IoT in development plans

<p>The majority of the enterprises (90%) emphasized that IoT is necessary to support their digital transformation plans across different sectors. The growth of any project is proportional to the investment, 38% of these said their investment in IoT will exceed $1m in 2021. Josh Builta, Director of Research, Internet of Things, and Artificial Intelligence at Omdia expects to see the growth in IoT deployment being accelerated in the coming years.</p>