{"id":7209,"date":"2017-04-20T07:00:43","date_gmt":"2017-04-20T15:00:43","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=7209"},"modified":"2017-03-15T16:13:43","modified_gmt":"2017-03-16T00:13:43","slug":"internet-of-things-iot-businesses-to-spend-nearly-1-trillion-on-iot-in-2017","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/internet-of-things-iot-businesses-to-spend-nearly-1-trillion-on-iot-in-2017\/","title":{"rendered":"Internet of Things (IoT): Businesses to Spend Nearly $1 Trillion on IoT in 2017"},"content":{"rendered":"<p>Businesses are increasingly using the Internet of Things (IoT). A <a href=\"http:\/\/www.gartner.com\/newsroom\/id\/3598917\">recent survey by Gartner <\/a>found that about one third of IoT applications are driven by businesses; the remaining two thirds are consumer driven. Popular applications include\u00a0smart buildings, automotive and healthcare.<\/p>\n<ul>\n<li>8.4 internet-connected devices will be in use globally in 2017, an increase of 31 percent over last year. \u00a0There will be 20.4 billion in 2020.<\/li>\n<li>Biggest users of IoT technology are China, North America and Western Europe<\/li>\n<li>Global businesses will spend $964 billion on IoT devices in 2017. \u00a0Examples include meters and remote cameras.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.gartner.com\/analyst\/10549\/Bettina-Tratz-Ryan\">Bettina Tratz-Ryan<\/a>, Gartner research vice president, <a href=\"https:\/\/www.channelnomics.eu\/channelnomics-eu\/news\/3004264\/gartner-iot-is-not-just-a-toy-anymore\">said that<\/a> &#8220;the numbers show that we are seeing a lot of momentum, especially when it comes to real-time manufacturing and the increases in electric metering for smart grids. It really shows that there is a dire need for business processes to get better data for organisations to understand what is happening on their manufacturing floors and within critical infrastructure. 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Popular applications include\u00a0smart buildings, automotive and healthcare.<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/internet-of-things-iot-businesses-to-spend-nearly-1-trillion-on-iot-in-2017\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-7209","post","type-post","status-publish","format-standard","hentry","category-internet-of-things-iot"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/7209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=7209"}],"version-history":[{"count":2,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/7209\/revisions"}],"predecessor-version":[{"id":7211,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/7209\/revisions\/7211"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=7209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=7209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=7209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}