Digital Lifescapes

CIOs and CTOs report that they continue to explore new internet technology apps. According to the latest worldwide market study by Berg Insight, the global market for the Internet of Things (IoT) device management and application enablement platforms reached $1.1 billion in 2017. Growing at a compound annual growth rate (CAGR) of 36.2 percent, the total market value is expected to reach $4.9 billion in 2022. Internet of Things Platform Market Development IoT platforms provide middleware to connect and manage devices and integrate collected data into various applications and services. These platforms are intended to reduce the cost and development time for IoT solutions by providing standardized components that enterprises can build upon. The IoT platform market is notably crowded and hosts a multitude of players spanning from small start-ups to major legacy companies in the technology and industrial sectors. These pioneers have developed offerings that typically have a specific...

Enterprise software is evolving and adapting to new requirements.  The worldwide application integration and middleware (AIM) software segment is growing faster than the overall infrastructure software market, with revenue reaching $27 billion in 2017 -- that's an increase of 7 percent over 2016, according to the latest market study by Gartner. "Established approaches to application infrastructure are too rigid, closed and cumbersome to support many digital transformation requirements," said Fabrizio Biscotti, research vice president at Gartner . AIM Software Market Development Trends Growth in mobile, big data, analytics, in-memory computing, cloud services and Internet of Things (IoT) initiatives requires application and integration professionals to invest in new AIM technologies. This drives innovative integration approaches with new AIM technologies at their core -- such as application programmable interface management and integration platform as a service. Th...

Cellular wireless Internet of Things (IoT) and Machine to Machine (M2M) connections will increase nearly fourfold globally from 252 million in 2014 to 908 million in 2019, according to the latest worldwide market study by 451 Research. This significant increase in active cellular IoT or M2M connections will be driven by a number of key factors. First, hardware and bandwidth costs have dropped to a point where nearly every enterprise can reap the benefits of virtualizing the physical world. Second, cloud-based open source middleware software and data platforms are making it easier to securely generate insights from machine data at greater scale than ever before possible. Last, the growing interest is generating awareness of the transformational potential of IoT or M2M in terms of return on investment, competitiveness and support of completely new business models. "We continue to be bullish that ultimately the hype of IoT will be proven to be warranted back on business impa...