The Rising Tide
As Cisco Systems closes its $1.4 billion acquisition of Internet of Things provider Jasper Technologies and AT&T creates an IoT Control Center for solution providers, it's clear that IoT will have a major impact on the channel this year.
The pace of new technologies, strategic partnerships and acquisitions in the growing IoT space is enough to make your head spin. Research firm Gartner said 6.2 billion connected "things" will be used this year, up 30 percent from 2015. IoT services spending will rise to $235 billion in 2016, an increase of 22 percent over 2015, according to Gartner, leading to a massive amount of opportunities for solution providers.
Here are eight important moves in the IoT space in 2016 thus far that solution providers need have on their radar.