It wasn't long ago that companies across industries and countries saw a massive disruption to their supply chains. Raw materials didn't get delivered on time. Manufacturing processes got delayed. Order deliveries took a hit. The situation is still ongoing and is expected to continue next year too. One of the biggest hurdles that contributed to […]
Read MoreThe Exponential Rise of IoT and IIoT The predicted burgeoning rise of IoT and IIoT adoption in the global enterprise is becoming a reality year after year. By 2022, businesses will have spent a trillion dollars on IoT, and by 2025, the world will witness 75 billion connected IoT devices, with one-third in use for […]
Read More12.3 billion—big number, isn’t it? This is where the number of IoT devices or active endpoints is expected to reach in 2021. What’s more, by 2025, the same number is set to reach over 27 billion! Seeing this, it would be fair to say that IoT as a concept is on a steep, upward trajectory. Every business today has some […]
Read MoreSince the world changed in 2020, businesses seem to be on an upward trajectory of boosting digital transformation efforts. But along with that, they've also begun spending more on IoT solutions, infrastructures, and devices. And, the numbers show that. One update from IoT Analytics said that spending on enterprise IoT solutions grew 12.1% in 2020 […]
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