The internet of things is the top technology trend to watch
In the middle of 2014 Gartner has published its top technology trends for 2014. We are highlighting 5 most important and valuable for Entrepreneur, CIOs, and IT departments, based on detailed “Top 10 Strategic Technology Trends for 2014” special report.
“Each year, Gartner compiles a list of the top technology trends that have the potential to affect individuals, businesses and IT organizations during the next three years”, some of them are on this list for many years, but several are fresh and makes business, software development companies, and startups for changes and new challenges.
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#1 THE INTERNET OF EVERYTHING
One of the top resources for entrepreneurs and ‘connected generation’, Mashable ranked Internet of Things as number one startup industries to watch on its “8 Surging Startup Industries to Watch“.
Gartner says: “The Internet of Things will be big, but just how big depends on exactly what is included. This research helps business and IT leaders understand this emergent technology and applications, and describes how IT leaders can help identify significant new opportunities.”
The potential size and diversity of the internet of things mask immediate opportunities for IT and business. The Internet of Things will include 26 billion units installed by 2020. IoT product and service suppliers will generate incremental revenue exceeding $300 billion, mostly in services, in 2020. It will result in $1.9 trillion in global economic value-add through sales into diverse end markets.