IoT Presentation BlurbI attended a recent Project Management Conference and one of the topics was disruptive tech.
The Internet of Things (IoT) is the term given to a wide range of connected
devices and applications that collect data (often remotely) and transmit that
data to other systems or the cloud through online and wireless networks.
This year, IDC forecasts that IoT as a sector will reach $745 billion USD
worldwide. They went on to estimate with the current growth, it will exceed
$1 trillion USD by 2022. Research suggests that all the spending will result
in nearly 50 billion IoT connected devices will be in operation by 2022. The vast majority of these devices will not have even the most basic security measures in place.
Hmmmm.... I wonder if there might be a market for our chip.