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.
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