Infographic: The Internet of Things and the Ecosystem Advantage

The fast-growing Internet of Things (IoT) phenomenon typically refers to data-oriented, connected consumer electronic devices. However, enterprise applications are at the heart of this emerging space and are expected to account for almost 40% of IoT devices by 2020.

INFOGRAPHIC HIGHLIGHTS:

  • Enterprise spending on IoT is expected to be $255 billion by 2019.
  • Almost one-fifth of Fortune 100 companies offer a public developer program and support ecosystems for IoT apps.
  • The IoT software space is worth $41.6 billion more than the IoT hardware space.

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