This whitepaper highlights the importance for companies transform their existing digital infrastructure to take advantage of current and future technological opportunities when implementing new digital business models to support the expansion of the IoT industry.
Advantages of IoT:
- IoT as a base technology for the development of new business models and products (innovation)
- Flexible production processes and rapid adaptation to changing requirements
- Better monitoring through real-time sensor data and a comprehensive overview of the status of production processes
The number of devices connected to the IoT is expected to exceed 50 billion by 2022. Some therefore quite accurately describe IoT as the ‘Internet of Everything’.
-Jan Mahler, Sales Director – Vertical Markets, Equinix