IoT Data Exchanges Services Set to Transform IoT Landscape
The Internet of Things (IoT) ecosystem is set to bring forth a myriad of new technologies, devices, and communication protocols, all fighting for dominance as established and new vendor entrants attempt to get a bigger slice of the market. However, ABI Research believes that it is also evolving at such a rapid pace that its future will bring forth a whole new spectrum of data analytics and related services. This is not only set to transform the IoT landscape but also shift the focus of how companies operate in the coming years by emphasizing data exchange as a new form of currency.
A significant percentage of companies are witnessing this shift but very few of them have a strategy in place. Even leading vendors across multiple sectors are aware that they are sitting on a treasure trove of customer and machine data but are unable to monetize it to its full potential.
“IoT data sharing, exchanging, and even selling initiatives will not be just additional aspects of the IoT environment. These services are actually the next evolutionary step”, comments Dimitrios Pavlakis, Industry Analyst at ABI Research. “From the creation of application enablement platforms and innovative management services, to artificial intelligence and machine vision applications, we will experience transformative data governance and exchange services between all intertwined verticals.”
A few industry leaders are taking active steps to address these future opportunities while driving this transformation. Gemalto’s IoT platform allows for both original equipment manufacturers and cloud service providers to implement flexible monetization models. Ericsson is also at the forefront of monetizing the IoT, tackling connectivity, data management, and analytics. Bosch’s platform bridges open source applications and open standards with cloud services and IoT projects. ABI Research forecasts that in 2017 the total installed base of connected devices will reach 27 billion. This number is expected to hit 55 billion by 2022, further fueling the IoT shift.
These findings are from ABI Research’s IoT Data Exchange Services report.This report is part of the company’s M2M, IoT & IoE research service, which includes research, data, and analyst insights.
About ABI Research
ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.
ABI Research 是一家全球性的技术情报公司，拥有得天独厚的优势，充当终端市场公司和技术解决方案提供商之间的桥梁，通过提供独家研究和专业性指导，推动成功的技术实施和提供经证明可吸引和留住客户的战略，无缝连接这两大主体。
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact ABI Research
Media Contacts
Americas: +1.516.624.2542
Europe: +44.(0).203.326.0142
Asia: +65 6950.5670
