Revenue Growth Biggest Factor Driving IoT Adoption
According to Verizon, revenue growth is by far the biggest factor driving IoT.
"Throughout 2016 and beyond, we’ll continue to see IoT deployed as a mainstream path to generating higher revenue, thanks largely to the rise of four key trends which have come to an inflection point in the past year; data monetization, core IoT networks and low power devices, platforms as a service, and investment in IoT startups," Verizon said in a report.
According to Verizon, revenue growth is by far the biggest factor driving IoT.
"Throughout 2016 and beyond, we’ll continue to see IoT deployed as a mainstream path to generating higher revenue, thanks largely to the rise of four key trends which have come to an inflection point in the past year; data monetization, core IoT networks and low power devices, platforms as a service, and investment in IoT startups," Verizon said in a report.