The next big thing to invest in
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For example, Apple’s big Apple Watch launch does not tout the investment dollars designated by Apple, but anyone could assess that investments in billions of dollars went into building this new line of wearable product in other words, this was Apple’s IoT investment. We have seen many companies invest in the IoT in more subtle ways so if you were not paying close attention, you could have missed them because most of these investments did not have a direct terminology association to the IoT. While IBM’s latest IoT investment comes with some fanfare, it is not the first. Amazon is still outpacing its cloud competitors might IoT be its blind spot that allows IBM to take the lead? Does Amazon Web Services (AWS) have something in the works for IoT to close this opening? Who is going to be the AWS of IoT?” IoT – A ‘MULTI-TRILLION DOLLAR’ OPPORTUNITY CHASE IBM’s announcement of $3 billion for a business unit that will focus on the development of solutions for the IoT is a key validation of the business potential of this market also, a key beacon of the fierce competition shaping up amongst these giants to gain a lion’s share of the coveted IoT revenues. It’s called the ‘Internet of Things’ (IoT), and big Blue Chip companies, such as IBM, Intel, and Cisco, are quickly ramping up their IT infrastructure and are investing in the IoT technologies to take a lead in this next era of technology.
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The next big investment destination is right here. As an organization, how will you make the best of the IoT and deal with the impending challenges? Read on…… While the IoT offers great opportunities to businesses for making money, it also poses bigger security challenges, than ever before, to your enterprise infrastructure. With the IoT emerging as the next big destination for investment, many industry giants are scrambling and fiercely competing to grab their share of the revenues in the IoT market.