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IoT solutions ‘to originate from start-ups’

The Internet of Things (IoT) is to take increasing precedence among IT developers in the coming years and sector research and advisory organisation Gartner has predicted that by 2017, 50 per cent of all IoT developments will come from young start-ups.

According to research vice president at Gartner Pete Basiliere, many people believe the proliferation of IoT will be driven by large enterprises in the years ahead, but it is smaller businesses – likely to be those that are less than three years old – that will have the biggest impact on the industry in the coming years.

Advantages including access to low-cost electronics, traditional manufacturing and 3D printing tools, as well as open-sourced hardware, mean new businesses will be more easily able to focus on niche product and data management system development than their larger counterparts.

“Product development processes within most large enterprises are too ponderous and ROI-driven to produce anything but high-volume, lowest-common-denominator IoT objects,” Mr Basiliere explained.

As a result, it is the smaller, new starters that will likely bring IoT to the fore in the years ahead.

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From:: http://www.krollontrack.co.uk/company/press-room/data-recovery-news/iot-solutions-to-originate-from-start-ups065.aspx

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