IoT is not so much growing as exploding: some estimates say there are over 25 connected devices for every human being on the planet. The industrial IoT (IIoT) sector is forecast to grow by a compound annual growth rate of 6.7%, topping $1 billion in under five years.
In 1988 “great” automotive marketing minds launched a campaign declaring that a new fleet of cars “was not your Father’s Oldsmobile.” The ad campaign was a huge failure for the cars, but it created an idiom that a modern version was going to be very different than what had come before.
For companies getting into the IoT space, the cost of software development can be both an obstacle and an unknown. Conventional application development isn’t a great guide, and the variety of IoT implementations means it can be difficult to estimate from limited experience.
Cloud-native applications can give organizations seemingly contradictory results: huge networks that are lightning-fast, open communication with excellent security, tight integration with high adaptability. It’s made possible by a different approach to the whole idea of what an application is and how to build one. In this post, we’ll talk about how that works, what organizations should look out for and what the benefits of cloud-native applications are. But first, when we say ‘cloud-native,’ what exactly does that mean?
IoT frameworks exist to help you create IoT solutions without doing all your own development. Some simply give you a structure to work inside; others offer you enterprise-level data analysis and control — for a price. Choosing the right one is a key part of the success of your IoT project.
The Internet of Things is growing exponentially as organizations of every size take advantage of its capacity to accelerate processes, while making them simultaneously more efficient. In many cases, organizations begin with these limited goals and find their businesses reoriented in previously unthought-of directions by the possibilities of the IoT.
