Microsoft today announced that it will invest over $5 billion in the Internet of Things (IoT) over the next four-years. The main goal of the company is to offer customers a connected solution and the ability to transform their businesses, and the world at large. IoT is slowly gaining momentum in India, and it is already in use for a wide variety of use cases such as saving electricity, resources, predictive healthcare, automobile safety and more.Microsoft today mentioned that it is planning to dedicate even more resources to research and innovation in IoT and ultimately evolving to be the new intelligent edge With Microsoft's IoT platform spanning across its cloud, OS, and devices, the company has a unique advantage to simplify IoT to anyone regardless of size, technical expertise, budget, industry or other factors and create trusted, connected solutions that improve business and customer experiences, better improve the daily live of common people. According to A.T. Kearney research, IoT will lead to a $1.9 trillion productivity increase and $177 billion in reduced costs by 2020. This will affect right from connected homes and cars to manufacturers to smart cities and utilities and everything that comes in between. Microsoft says that companies like Steelcase, Kohler, Chevron, United Technologies and Johnson Controls are ...
Read Here»
Post a Comment Blogger Facebook
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. As the comments are written and submitted by visitors of The Sheen Blog, they in no way represent the opinion of The Sheen Blog. Let's work together to keep the conversation civil.