The Internet of Things Will Be Huge, Is Your IT Infrastructure Ready to Support It? by Harish Venkat

clip_image002IDC predicts that the worldwide IoT market will grow from $1.3 trillion in 2013 to $3.04 trillion in 2020 (1). IDC also states that within three years, 50% of IT networks will transition from having excess capacity to handle the additional IoT devices to being network constrained. (2)
As further evidence, analyst firm 451 Research reported an increase in M&A spending in 2014 that pushed ‘Internet of Things’-related deal-making past the $14bn mark, a fortyfold increase in acquirer spending compared to 2013. (3)
This rate of growth cannot be ignored. IoT is inevitable and will create tremendous opportunity for a new wave of services built around connected devices. It will also pose challenges to IT and infrastructure leaders for the following reasons:

  • The volume of data that will come off devices will be enormous and capable of completely overwhelming network infrastructures.
  • IT infrastructures will need to support these vast amounts of data.
  • Solutions that aren’t fully integrated will fail to deliver needed data and analytic capabilities. All devices will need to be integrated with all other devices, so seamless integration of applications and technologies will be critical.
  • Realizing business value from IoT will be dependent upon scalable and flexible infrastructures that can integrate and secure data received from various components and devices.

How can you prepare? A good first step is to modernize IT infrastructures and upgrade legacy architectures. As is the case with other technology trends like mobile, big data, and social, IT needs to be agile and strongly aligned with the business. This means anticipating and responding to business needs quickly, providing real-time information that informs decision-making, and being scalable to support planned and unplanned growth. Read the complete article here.

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About Jürgen Kress
As a middleware expert Jürgen works at Oracle EMEA Alliances and Channels, responsible for Oracle’s EMEA Fusion Middleware partner business. He is the founder of the Oracle SOA & BPM and the WebLogic Partner Communities and the global Oracle Partner Advisory Councils. With more than 5000 members from all over the world the Middleware Partner Community is the most successful and active community at Oracle. Jürgen manages the community with monthly newsletters, webcasts and conferences. He hosts his annual Fusion Middleware Partner Community Forums and the Fusion Middleware Summer Camps, where more than 200 partners get product updates, roadmap insights and hands-on trainings. Supplemented by many web 2.0 tools like twitter, discussion forums, online communities, blogs and wikis. For the SOA & Cloud Symposium by Thomas Erl, Jürgen is a member of the steering board. He is also a frequent speaker at conferences like the SOA & BPM Integration Days, JAX, UKOUG, OUGN, or OOP.

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