Five New IoT Innovations That Solution Providers Should Know

IoT Innovation 2016

Innovation around the Internet of Things is coming from all corners of the IT world – from big players such as Cisco and Verizon to smaller startups like mnubo and BullGuard.

Research firm Gartner predicts that more than 25 billion devices will be connected by 2020 and generate revenue of more than $300 billion just for IoT suppliers. IoT security spending alone is expected to reach $348 million this year and jump to $547 million by 2018, according to Gartner. Opportunities for solution providers around IoT are only going to increase as billions of new devices become connected each year.

Here are five new product-related developments that solution providers looking to catch the IoT wave should know.