Startups, consumers seen driving Internet of Things

Internet of Things

Internet of Things

by Mthulisi Sibanda
JOHANNESBUR – MAKERS and startups as well as consumer goods companies or enterprises, will drive acceptance, use and growth in the Internet of Things (IoT) through the creation of a multitude of niche applications.

This is according to leasing technology research firm, Gartner, which that by 2017, 50 per cent of IoT solutions (typically a product combined with a service) will originate in start-ups that are less than three years old.

“Conventional wisdom is that the growth of the IoT is driven by large organisations.

“As is always the case, there is an element of truth in conventional wisdom and major consumer goods companies, utilities, manufacturers and other large enterprises are, indeed, developing IoT product offerings,” said Pete Basiliere, research vice president at Gartner.

However Gartner’s Maverick research finds that it is the makers and the start-ups who are the ones shaping the IoT.

“Individuals and small companies that span the globe are developing IoT solutions to real-world, often niche problems.

“They are taking advantage of low-cost electronics, traditional manufacturing and 3D printing tools, and open- and closed-source hardware and software to create IoT devices that improve processes and lives.”

Gartner’s Maverick research is designed to spark new, unconventional insights.

Maverick research is unconstrained by Gartner’s typical broad consensus-formation process to deliver breakthrough, innovative and disruptive ideas from the company’s research incubator to help organisations get ahead of the mainstream and take advantage of trends and insights that could impact IT strategy and the wider organisation.

Basiliere was speaking shead of the GartnersSymposium/ITxpo event scheduled for India from October 14-17.

Other sessions are scheduled for Australia, Brazil, Japan and Spain.

– CAJ News





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Posted by on Oct 9 2014. Filed under Africa & World, News, Software, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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