Microsoft investing $5 billion in IoT over the next 4 years
Corporate Vice President at Microsoft, Julia White, has announced today plans to invest $5 billion into the Internet of Things over the next 4 years.
This is to help achieve their goal of giving "every customer the ability to transform their businesses, and the world at large, with connected solutions.".
IoT is already making our homes and cars smarter, but this is only the beginning. It could save billions of dollars in efficiencies, and provide colossal productivity boosts to industries and individuals the world over.
It’s well understood that IoT solutions can create operational efficiencies, but we know the true impact extends well beyond that into our daily lives. Our customers are delivering electricity to schools in Africa, creating better patient outcomes with predictive care, improving worker safety on job sites and driver safety on Alaskan roadways.
Microsoft are now poised to maximise this coming wave of technology, with many of their partners already using Microsoft's IoT platforms to develop smart solutions for their customers. This new investment will surely catalyse the development of this exciting technology.