How IoT Consulting Helps Businesses to Grow?

Nowadays the Internet of Things (IoT) & wearable devices is evolving and impacting every perspective of livelihood.

We, at iWebServices, provide solutions for IoT devices in all verticals & fields including smart appliances for home & office, intelligent energy devices, automobile, Industrial IoT (IIoT), delivery, healthcare, & logistics and smart customer devices, etc.https://www.i-webservices.com/iot-development/

What opportunities does IoT technology have to offer?

Are there any successful IoT use cases in retail?

This blog post will answer this and other questions and gives a complete rundown of IoT implementation in retail.

Read this blog to know more about IoT technology!

Want to know What is Internet of Things (IoT)?

We are surrounded by different IoT devices and many of us don't know as well.

Know all about Internet of Things (IoT) including its history, importance, benefits, applications and examples here from the Houston IT expert - ITs Guru.

Java- A choice of IoT development, runs on the concept that drives the rest of the technology world.

Let's have a look at why Java app development is essential in the age of the IoT.

The IoT can be profitable for such sectors as the banking and financial industry.

In our article, we discuss changes IoT brings to financial more...

Become an Exceptional and Innovative IoT Specialist in the Industry by getting trained with IOT Certification.

IoT is not a very new concept, however, it has become popular in the last two to three years.

It is expected that by 2020.

There is not an iota of doubt, that future of IoT apps is bright and the healthcare industry will be operated by advanced IoT technologies.

In this article, we share our vision of the benefits of IoT in healthcare, and use cases from our practice.

Let’s consider some tips that may become useful for any company that one day will desire to benefit by entering the fascinating and promising world of IoT: Don’t Try to Bite Off More Than You Can ChewDetermine What Goals IoT Will Help You AchieveConsider IoT Devices as One of Your Most Valuable AssetsRemember That It’s All About DataThere’s No Such Thing As Too Much TestingPlease read the article Five Tips For Making IoT Scalability Issues As Easy As Pie to Handle to know more. 

There are plenty of mobile app development companies that are still not integrating the IoT into the mobile app development process as a result it can be a paucity of knowledge and implementing & adopting new things.

A little enlightenment will not harm any of us.

Let’s dive into the benefits of IoT integrating into the mobile app development process.

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IoT refers to the Internet of Things.

It can change the world with its power.

IoT is impacting the world of business in various ways and this is the reason why demand for IoT course in Mumbai is on rise.

The global internet of things market is growing due to the adoption of the cloud platform.

MarketsandMarkets forecasts the global internet of things market size to grow from USD 170.57 Billion in 2017 to USD 561.04 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26.9% during 2017–2022.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=573There are several established players in this market, such as Google Inc. (US), Hewlett-Packard Enterprise (US), Amazon Web Services (US), Bosch Software Innovation GMBH (Germany), General Electronics (US), Intel Corporation (US), SAP SE (Germany), Cisco Systems, Inc. (US), Microsoft Corporation (US), Oracle Corporation (US), International Business Machine (IBM) Corporation (US), and PTC Inc. (US).

This partnership enabled IBM to combine its Watson IoT platform with Visa’s token technology.

Moreover, both the companies deployed a token sharing architecture using a device managed by Big Blue’s cloud infrastructure.

In November 2016, IBM launched its Watson IoT consulting solution that allows developers to quickly connect, build, and manage IoT applications and solutions.Cisco Systems, Inc. is another major vendor in the global internet of things market.

The company has a strong presence worldwide, including North America, Asia Pacific (APAC), and Europe.

According to research report "IoT Professional Services Market by Service Type (IoT Consulting, IoT Infrastructure, System Designing and Integration), Organization Size, Deployment Type, Application (Smart Buildings, Smart Transport and Logistics), and Region - Global Forecast to 2026", size is projected to grow from USD 98.8 billion in 2020 to USD 149.9 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period.The major factors driving the growth of the IoT professional services market include rapidly growing number of IoT connections leading to increased data traffic, increasing internet ubiquity and development of wireless technologies, rising need to increase operational efficiency in various industries, and government initiatives in R activities related to IoT.

Integration services include the installation of IoT software and solutions in IoT ecosystems of organizations.Based on IoT consulting service, the business consulting service segment is expected to lead the market during the forecast periodBusiness consulting services cover the fundamental aspects of business strategies and the planning associated with the implementation of IoT technology in organizations.

Business consultants help organizations in building resilient and scalable functional business processes; improving their interactions with customers; amending their policies; carrying out business automation; transforming their functional areas such as supply chain, finance, and human capital management; and simplifying their business transformations.

These consultants also plan, analyze, and report improvements in the business flow to generate increased revenues.Based on organization size, the SMEs segment is expected to grow at a higher CAGR during the forecast periodSMEs experience niche requirements for services that help manage customer data using business intelligence and online transaction processing.

SMEs are typically more flexible in using and adopting emerging technologies, such as IoT, cloud, analytics, and several other disruptive technologies, as their existing IT investments are not huge.

Hence, they can adopt any technology at a faster pace.Based on deployment type, the on-premises segment is expected to lead the market during the forecast periodThe on-premises IoT professional services are installed and hosted in an organization’s IT infrastructure and are managed by its internal IT staff.