The IoT depends on a whole host of technologies – such as application programming interfaces (APIs) that connect devices to the Internet. Other key IoT technologies are Big Data management tools, predictive analytics, AI and machine learning, the cloud, and radio-frequency identification (RFID).
What is the Internet of Things (IoT)?
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20.4B
smart devices will be connected to the IoT by 2020.
Gartner
$11T
is the potential yearly economic impact of the IoT by 2025.
McKinsey
50%
of all new operating assets will be self-sustaining by 2020.
IDC