Can Business Infrastructure Support the Growth of the Internet of Things?
Devices, systems and services continue to fuel the growth of the Internet of Things (IoT), which is estimated to reach $7.3 trillion in revenue by 2016 and over 50 billion connected devices by 2020. The inherent benefit of the IoT is convenience and speed of access to data, but this rapid and continuous growth raises questions about how well-prepared business infrastructures are for the increased influx of big data, which will apply more pressures on businesses and squeeze the supply of data center and cloud resources. Due to the endless potential and priceless value of big data and in an effort to address supply ahead of demand, it is critical that CIOs consider latency issues and plan for where data will be housed and how data will be managed.