With the continuous development of the Internet of Things market, the competition in the Internet of Things market in 2016 has become more intense. So, what are the trends in the Internet of Things market in 2016?
1 Record-making M&A case
In 2015, there were 80 M&A cases in the field of Internet of Things, setting a record. In 2016, this number will be refreshed. InfoBright CEO Don Deloach said: "More and more big companies are beginning to publicly announce that they will make acquisitions in the Internet of Things."
Covisint's CMO Aaron Aubrecht believes that with the development of more IoT markets, it is necessary for major companies to seriously consider having a place in the IoT market. They began to consider adding IoT-related technologies to their existing product lines, such as data analysis, security, and communication platforms. Aaron Aubrecht said: "With the development of the Internet of Things, those big companies need to occupy positions in the vertical areas of the Internet of Things. It is foreseeable that there will be more mergers and acquisitions in this field."
2 Increased number of competitors in the Internet of Things
In 2016, more and more companies announced their entry into the Internet of Things. For example, toy giant Mattel recently announced that its Barbie and toy airplanes will add networking capabilities. Mozilla and Visa also announced that they will enter the Internet of Things. Almost every week you will see news that some companies have announced their entry into the Internet of Things.
3 Corporate cooperation in the Internet of Things will increase
The Internet of Things is a complex system. In the development of IoT systems, different companies often need to collaborate. Zach Supalla, CEO of Paricle, said: “The development of the IoT project is a huge project that requires cooperation between different companies. It is very difficult for any company to develop a comprehensive IoT system alone.†In fact, this year Many companies have announced cooperation with more suppliers in the IoT space, including Dell, Texas Instruments and Intel.
4 The company's investment in the Internet of Things increased
Incumbent IT companies such as IBM and Intel have invested heavily in the Internet of Things to try to compensate for the decline in their performance in traditional IT. For example, Intel announced a 12,000 layoff plan in April, and the funds saved will be used to invest in IoT and data center operations.
5 Security is still a big problem
“The security risks in the Internet of Things are increasing,†said Don DeLoach. “It’s important to improve security awareness in the IoT space, including best security practices, passwords and authentication policies, etc. In addition, for companies, investing Before the Internet of Things, you need to fully understand the security risks of the Internet of Things."
However, although many companies' CISOs recognize the risks of the Internet of Things, the importance of IoT security in corporate executives is still insufficient. Mike Ahmadi, director of network security at Synopsys, said, “In the eyes of corporate executives, they only consider the return on money.†He believes that until the events caused by the security of the Internet of Things really cause economic losses, corporate executives will really value things. Networking security issues.
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