NEXT GENERATION OF SMART HOME

January 4, 2019

In the 2011 report, Cisco claimed that IoT is about to change ourselves and everything that we know to be true6. This was a clear indication of a hype that typically surrounds introduction of a new technology. Today the forecasts and discussions on IoT seem to be more conservative. For instance, in 2015, IDC predicted the IoT market size would be $1.29 trillion in 2021. In 2017, they reevaluated the prediction and now estimate the IoT market to be $1 trillion in 2021. The leveling off can be explained by a more realistic outlook and recognition that the further penetration of IoT devices and solutions is limited by the lack of security, universal standards, and outdated business and IT structures.

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AMBC INC

INFORMATION TECHNOLOGY SOLUTIONS THAT WORK FOR YOUR BUSINESS. AMBC is a professional Information Technology Services Organization, established in Illinois since 1999. AMBC is WBENC certified minority owned organization. We are committed to delivering the best IT services to organizations of all sizes.

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