The IoT market is on track to hit $7.1 trillion in 2020, according to an IDC’s study. Are we ready for this massive demand? How can we deal with the challenges?
Some firms choose to take no action by claiming they are too busy with what they are doing. Some organizations blindly jump into it with no thinking or planning. Some companies opt to take a bold stance to bet on something immature. Needless to say, all these attempts are highly risky and naive. What is mandatory is an overarching and adaptive approach to effectively handle the rapid changes and exponential growth.