Apparently the Internet of Things hype is really worth it. Beside many connected items like connected cars, fridge, doors, etc, Internet of Things captures tech company in many ways.
For example is Microsoft and their interest on the so-called Internet of Things. Lately, Microsoft has purchased Solair, a n Italy based company which its technology can connect one company’s espresso machines so they can be remotely monitored no matter where they are.
“Solair shares our ambition for helping customers harness their untapped data and create new intelligence with IoT, and this acquisition supports our strategy to deliver the most complete IoT offering for enterprises,” said Sam George, Microsoft’s Partner Director, Azure IoT, in a blog post on Tuesday
Microsoft wants to help companies by adding sensors and tracking software to all sorts of stuff. This sort of thing has become one of the megatrends of the tech industry. Connecting everything to the Internet has become a common refrain across nearly all industries, in part because Internet connections have become so ubiquitous and technology to connect devices has become cheap.
To get a glimpse into the potential market size, which has many vendors in a frenzy, research firm Gartner estimatedthat the number of connected gadgets will grow from 6.4 billion this year to 20.8 billion in 2020. That means there will be demand not only for a ton of the hardware devices themselves, but also demand for ways to link them between data aggregation spots (e.g. clouds) where that data can be collected and massaged.