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Big Numbers: 50 Billion Connected Devices (by 2020)


The Internet of Things (IoT) and Connected Devices

By now, we’ve all heard the hype about how everything from vending machines to thermostats to garage door openers will be able to communicate directly across the Internet to transform our lives.  The decreasing cost of connectivity is providing companies the ability to bring new products to market and transform the way they provide services.  Cisco is estimating that by 2020, the IoT will drive $500 Billion in spending globally.  Just as importantly, they and other analysts are estimating that there will be 50 Billion connected devices by 2020. 

Software License Optimization is the ability to automate software asset management (SAM) processes and leverage software license entitlements to maintain license compliance and eliminate unnecessary software spend.  It is a critical enabler that will allow organizations to adapt to this new IoT reality.

Read the entire article here, Big Numbers: 50 Billion Connected Devices (by 2020) 

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Flexera Software Flexera Software helps application producers and enterprises increase application usage and the value they derive from their software. Our next-generation software licensing, compliance and installation solutions are essential to ensure continuous licensing compliance, optimized software investments and to future-proof businesses against the risks and costs of constantly changing technology. Over 80,000 customers turn to Flexera Software as a trusted and neutral source for the knowledge and expertise we have gained as the marketplace leader in licensing, installation and compliance for over 25 years and for the automation and intelligence designed into our products.

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