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Why IoT Matters?

November 22, 2017 | Emerging Technologies, IoT, Technology

IoT has triggered a “smart” revolution; everything is getting smarter by the day. The inventions made possible because of the Internet of Things are transforming the way we live. Internet of Things is a network of connected devices that are embedded with sensors, electronics, and software to create a smart environment.

According to McKinsey Global Institute, Internet of Things will generate revenue of staggering 11.1 trillion by 2025.

These numbers alone are enough to give us the answer to why IoT matters. The number of connected devices will reach around 50 Billion by 2020! Now that is a lot of connected devices. All major companies in the world have either already set up a research and development wing for IoT or are in the process of doing so. Everyone has become a participant in the race of utilizing the full potential of the Internet of Things to change things for the better.

“Smart” devices which were unheard off until a few years back are very common nowadays. Smart cars are not very far away from being a reality, smart offices, smart cities, and smart homes are all in existence now, thanks to the wonders of the technology called the Internet of Things. It would be extremely difficult for anyone to imagine the world without all the smart devices that they have gotten used to of using.

There is no doubt about the fact that #IoT is an extremely important technology for the future and that it has a potential that cannot be comprehended right now. However, like all other technologies, IoT also demands a smart workforce to make the idea of the smart world come true.

This is the biggest challenge IoT is facing, the pace at which this technology is developing it is becoming extremely difficult for corporate’s to find the right resources. Given the fact that IoT is relatively new and growing at a very fast pace, there is a shortage of qualified professionals in the field of IoT.

Make a smart decision and start getting trained on the Internet of Things, the future belongs to everything related to the Internet of Things. If you need more information about the prospects of the Internet of Things and are curious to find out how can you start getting trained on the Internet of Things, please feel free to contact us via online chat, phone or email support.

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