-Advertisement-
Redmond, April 5, 2018: IT giant Microsoft has announced that the company will invest US$5 billion in the Internet of Things (IoT) globally over the next 4 years.
This stepped up investment will support continued research and innovation in IoT and what is ultimately evolving to be the new intelligent edge.
This will support Microsoft’s technology platform, as well as supporting programs, thereby enabling continued research and development in key areas, including securing IoT, creating development tools and intelligent services for IoT and the edge, and investments to grow our partner ecosystem.
Microsoft IoT Central
IoT will lead to a US $1.9 trillion productivity increase and US $177 billion in reduced costs by 2020 (A.T. Kearney). This effect will be pervasive, from connected homes and cars to manufacturers to smart cities and utilities—and everything in between. Pre-empting this, Microsoft announced Microsoft IoT Central, the first highly scalable IoT SaaS solution, that has built-in support for IoT best practices and world class security along with the reliability, regional availability, and global scale of the Azure cloud. Microsoft IoT Central allows companies to build production-grade IoT applications in hours and not worry about managing all the necessary backend infrastructure or hiring new skill sets to develop the solutions.
Microsoft’s IoT offerings today include operating systems for devices, Cloud services to control and secure them, advanced analytics to gain insights, and business applications to enable intelligent action.
Image Credit: Microsoft