The Internet of Things (IoT) is a relatively well-known concept by now - it's the network of physical devices embedded with technology that enables those devices to collect and transmit data. However, while IoT devices are now common in mainstream consumer markets, industries like oil and gas have only scratched the surface, and the opportunity is huge. Analysts have predicted that worldwide spending on the Industrial Internet - industrial-sized data and analytics - will be $500 billion by 2020. Some forecasts suggest spending could make up as much as $15 trillion of global GDP by 2030.
展开▼
