Connected IoT is about to become cognitive IoT
Connected devices, also known as the Internet of Things (IoT), will transition to cognitive, predictive computing over the next 12 to 18 months, according to research firm Frost & Sullivan. IoT, overall, is also about to grow rapidly, the firm says. It predicts a 20.3% Compound Annual Growth Rate (CAGR) worldwide leading up to the year 2023. That will be a jump to 45.3 billion devices, up from 12.4 billion IoT devices in 2016, it claims.Cognitive computing, which is when a machine is programmed to simulate human thought processes, will partly drive that growth, along with further microelectronics development and “ubiquitous connectivity,” says Frost & Sullivan, a research and consulting firm that specializes in business disruption.To read this article in full or to leave a comment, please click here