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Don't Sit On Your Ideas…

15 Mind-blowing Stats About the Internet of Things

Khyati SehgalKhyati Sehgal

The Internet of Things (IoT), with its potential to change the way we live and work, has got everyone excited including VPs, CTOs and CMOs. The idea of having a world where everything from refrigerators to headphones, coffee makers, wearable devices and anything else you can think of, is connected to the internet or each other is overwhelming. However, this reality isn’t far-fetched. According to Gartner, by 2020 there will be more than 26 Billion connected devices, while some other reports suggest that the number will be much higher (100 Billion!). This means at some point in the near future, there’ll be more ‘things’ connected to the internet than humans. And it is going to change the way you do business today.

IoT will allow for endless opportunities and connections to take place. And businesses are already excited about using Internet of Things, even as consumers are yet to fully embrace it. The impact this technology will have on our lives cannot be evaluated or understood today. However, the buzz is here. And to ensure that you don’t miss out on all that’s happening, we bring to you 15 mind-blowing stats about the Internet of Things that demonstrate the potential of this technological advancement in the coming years.

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Khyati is a technology expert at VenturePact, helping businesses find premium software firms to develop their products and scale their teams. If you have any questions about outsourcing your next technology project Khyati is happy to help.