According to current forecasts, more than 3.6 billion devices will be connected to the Internet by 2019. Data, analysis, business processes and optimized workflows are the result of the rapid growth of the Internet of Things. This breakthrough will not only fundamentally change private households in the coming year, but will also have an impact on companies.
According to a IoT study by CIO and COMPUTERWOCHE, the number of companies that have already invested in Internet of Things projects has more than doubled. Thus 44% of the companies have already implemented IoT projects, while others are planning to launch their own activities in the near future.
2019 will therefore be a great year for the Internet of Things. Forrester analysts predict, for example, that the term IoT will take a back seat and will no longer be an umbrella term everywhere. Rather, the functionalities of the IoT will be an integral part of various solutions and will optimize them in terms of efficiency, quality and flexibility.
This will also have an effect on existing solutions. The providers of IoT platforms will limit their areas of application and focus in 2019. Concrete applications will come to the fore, making access to the new technology easier for many entrepreneurs. It has become clear in recent years that managers are not looking for an industrial IoT platform that spans all areas, but for platforms that specialise in specific tasks.
Next year, a new market for IoT Managed Services will emerge, helping not only to plan, evaluate and implement Internet of Things solutions, but also to manage, monitor and operate networks and infrastructures. With the ever-growing range of intelligent products and solutions, this type of service will be a key component of success in the IoT segment.
All these trends mean even more data in the already overloaded Internet in 2019. However, developments in 5G technology can help to remedy this situation. In summary, it can be said that next year will be an important year for the Internet of Things, but there is still a lot of work to do. Infrastructure and services must be adapted to the new market conditions and follow the new IT processes.