VentureBeat May 5, 2021
Damon Poeter

The enterprise IoT platform market is pegged for robust growth over the next several years, both in terms of revenue and data generated. Enterprises in the process of deploying IoT platforms are overwhelmingly committed to those projects, with more than 90 percent saying that IoT is a “core” or “broad” part of their digital transformation strategy, according to industry research group Omdia.

“IoT deployments across enterprises are continuing to rise year on year as enterprises become more familiar with the technologies available and the huge benefits IoT deployments can provide,” said Josh Builta, director of research, Internet of Things and Artificial Intelligence at Omdia.

“While the COVID-19 pandemic has accelerated almost half of all IoT projects, serious concerns around security,...

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