1. The IoT Market will Mature
In what might be the most apparent forecast of the decade, the IoT will prolong to get bigger in demand with more devices coming online in the year 2018. The healthcare, retail and supply chain industries will probably see the utmost growth.
2. Standardization will be a Problem
Although technology leaders will push for IoT device standards and certifications, fragmentation will still lead to problems. It will be tough to deal with complex compatibility issues throughout the diverse industries and markets for IoT.
3. Security Concerns
Securing connected devices with minimum regulation will be easier said than done. Discovering solutions to keep the data and information safe will be a key objective to meet in this year.
4. Demand Generation Efforts will Increase
There will be a boost in number of companies beginning the utilization of IoT because of aggressive digital marketing and demand generation efforts seeing increase in personalized sales.
5. Need of Analytics and Machines
As the boost in data will push organizations to their competitive edge, IoT will also drive them towards machine learning and artificial intelligence (AI). Without a doubt, AI will also become inevitable, as the quantity of data produced by the IoT will be too bulky for humans to deal with.
There will be key inroads that would assist in building a powerful foundation for IoT in 2018. If you are looking for IoT applications that can drive industry and business transformations, contact us now with your brief requirements at email@example.com