Are you ready for the Internet of Things explosion?

You thought the Internet of Things was already growing fast, but it’s about to explode; the 1.2 billion connections across the globe in 2014 that fall into Internet of Things territory will become 5.4 billion connections in 2020.

ironSAGE is actively seeking innovative companies with new technologies that support and enable machine-to-machine connectivity and management. With 5.4 billion connections in 2020, there will be a much greater reliance on networks. The data gathered by these connections will need to be stored reliably and securely and be accessible by people and systems via the cloud. That’s where you come in.

The Internet of Things is being leveraged to grow revenue and increase profits, and the public sector is gearing up for it as well. In a recent report “State of the Market: The Internet of Things 2015,” Verizon and partner ABI Research broke down the world of Internet of Things, exploring the technology’s benefits and opportunities.

If you did not already know, the Internet of Things refers to machine-to-machine technology enabled by secure network connectivity and cloud infrastructure to transform data into useful and actionable information for people, businesses and organizations, Verizon said in its report. The report points out three areas of application that contractors should keep their eyes on: smart cities, energy and health care.

Smart cities are a staple of a healthy economy and international competitiveness, the report said. They also save state and local governments money and energy.

Examples are energy-efficient smart streetlights, car sharing and smart parking. The cost savings from these projects enable state and local governments to fund bigger projects like tackling pollution and upgrading infrastructure like roads and subway systems, the report said.

The energy sector, the Verizon report said, is home to a number of organizations that face regulatory requirements, large fluctuations in prices and increased merger and acquisition activity, making them prime candidates for Internet of Things adoption.

Examples are smart grids that save energy regionally, or smart meters that improve energy management.

As for health care, wearable devices that monitor vitals can help elderly people remain independent for longer, improving their quality of life and cutting the cost of social care, the report said. Internet of Things-enabled devices can also play a role in preventative medicine.

Source: ironSAGE | Original article written by Mark Hoover
 

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About ironSAGE

ironSAGE is committed to helping both innovative solution providers and enterprise clients succeed. Our professionals employ their expertise in strategy, technology, operations and business development to provide client-tailored services and solutions that deliver sustainable and measurable results. For large enterprises, we dramatically accelerate delivery of industry innovations, nextgen technologies and transformational business solutions. For technology providers, we accelerate business development efforts, from market vision – to solution demonstration – to large customer acquisition.

ironSAGE counts as clients leading corporate enterprises, government agencies, research organizations, and emerging technology companies. Our technology development and deployment collaborations support a wide range of industries, including: education, energy, environment, financial services, healthcare, manufacturing, pharma, transportation, and many more. To learn more about ironSAGE, contact us: email | phone 202.643.4766 | twitter: @ironSageGroup

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ironSAGE Media Contact:
Marlissa Hudson
marlissa@ironSAGE.com

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