The IoT, technology that connects physical objects to the Internet to collect, process and share information, can encompass everything from a home’s smart thermostat to a company’s network of driverless vehicles.
An explosion in the number of IoT connected devices and data is ahead. By 2020, there will be more than 20 billion IoT devices in the world, as forecast in a report from Gartner. Global tech spending on the IoT is forecast to reach $1.2 trillion in 2022.
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