Internet of things (IoT) is the new sensation in the technology business room. IoT is a development project that aims to connect all the objects we use in our daily life so that we can send and receive data.
This industry will be booming in no time helping the related businesses to reap profits out of it. Not only the IoT companies but also the investors can make money out of the IoT companies if they are ahead in the tournament.
The American multinational conglomerate Honeywell is focusing sharply on this industry area which is titled as IIoT. The company is working on how to use digital technologies in the manufacturing industry. Honeywell is expanding its IoT activities to congregate more information.
The company is doing “Enterprises of things”. Hitachi is helping other companies to start off their journey in the industry by providing consultancy services and IoT solutions. This idea is unconventionally potent to be successful. In BI Intelligence, the researchers are forecasting that 34 billion devices will be connected to the internet by 4 years. The forecast shows an adequate opportunity for Hitachi’s IoT solutions providing business.
Former Comcast Holding which is now Comcast Corporation, American global mass media conglomerate is enjoying its ride towards this industry like its other mates. The corporation is making some strategic acquisition in increasing its demand in the stock market. Recently, Austin-based IControl Networks was bought by Comcast.
From the childhood of the wireless carrier industry wars T-Mobile is one of the victors. Now the T-Mobile AG is looking to the internet of things industry. Lately, it has extended its hand buying Twilio. This recently happened business deal helped the company to increase its value.