IoT: Microsoft plans to invest $ 5 billion over 4 years

by bold-lichterman

Microsoft To Invest $ 5 Billion In Internet Of Things Over Next Four Years, US Company Says in a blog post.

We invested in IoT before the term was coined Says Julia White, Microsoft Azure CVP. For the future, Microsoft is talking about dedicating more resources to research and innovation.

Microsoft intends to gain a foothold in the Internet of Things market and cites figures from strategy consulting firm AT Kearney which predicts that the development of the IoT sector will lead to a productivity increase of 1.9 trillion dollars. and $ 177 billion in cost reductions by 2020. Microsoft has spent $ 1.5 billion on IoT so far.

Areas identified as “key

The American company intends to continue research and development in the areas it has identified as key and cites security, the creation of development tools and intelligent services and the development of its ecosystem of partners. ” Customers and partners can expect new products and services, offerings, resources and programs », Also explains Julia White.

In its blog note, Microsoft cites a few business cases, such as Schneider Electric which has built a solution to harness solar power in Nigeria and uses Microsoft’s IoT platform for remote maintenance of the panels. ” ATWith our IoT platform spanning the cloud, operating system and devices, we are uniquely positioned to simplify the IoT journey », Is convinced the company which relies in particular on its offer
Microsoft Azure IoT Edge.

The American company is on all fronts and recently announced that it would inject $ 30 million over 3 years in the development of artificial intelligence in France.