The Internet of Things (IoT) is projected to be one of the biggest technology growth engines of all time. Forecasters are estimating there will be anything from 25 to 70 billion connected devices by 2020, depending on which survey you read, which will far exceed the number of broadband connections among human beings.
Experts also predict that IoT will have its greatest near-term impact on industry – specifically, on the ability to remotely monitor transportation, production and utilities, where it can generate substantial savings while significantly improving results. The opinion of experts is consistent with the real-world experience of Globecomm, which deploys and connects IoT systems for industrial applications across the United States and around the world. That experience has taught us important lessons about how to succeed in developing an industrial IoT network and application.