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How can IoT help make money?

Some experts predict that the IoT will save businesses close to £1 trillion in productivity costs alone.

Let us therefore look at the aspect of reducing cost, as they "money saved is money earned"!!

Cost - the other side of the balance sheetCost is definitely an important aspect of any business, we tend to look at how good a business is running by looking at the operating efficiency which is nothing but the operating ration of cost to revenue, how much % of 1 dollar earned do we spend to earn it!!

Costs can be of two types - direct and indirect.

InDirect cost is all the cost incurred to run the show, but not directly for producing the product e.g.

According to a new market research report "Internet of Things (IoT) Data Management Market by Solution (Data Integration, Data Analytics and Visualization, Metadata Management, Data Security), Service, Deployment Type, Organization Size, Application Area, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the global IoT Data Management Market size is expected to grow from USD 27.54 Billion in 2017 to USD 66.44 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 19.3%.Ask for Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=53767032The major factors driving the growth of the IoT Data Management Market include the modernization of data warehouse architectures and rise in need for data traffic management.

Companies are focused on improving routine procedures such as outage management, predicting asset performance, and transforming energy data into new services with the help of IoT data integration.

IoT data management also provides intelligent operations platforms that deliver real-time machine level information to enterprise applications.

Additionally, manufacturers are increasingly adopting IoT data management solutions for operational intelligence, which offers product monitoring across the enterprise portfolio and back-office information.North America is expected to have the largest market share in the IoT Data Management Market during the forecast period.North America is expected to have the largest market share and dominate the IoT Data Management Market during the forecast period.

Growing trends such as Bring Your Own Device (BYOD), IoT, and Industrial Internet of Everything (IIoE) have resulted in the tremendous growth of technology adoption in this region.

Various government initiatives, such as smart city projects and telematics programs, are also favoring the implementation of IoT data management solutions in this region.The major vendors in the IoT Data Management Market include International Business Machines (IBM) Corporation (US), PTC Inc. (US), Teradata Corporation (US), Dell Technologies, Inc. (US), Cisco Systems, Inc. (US), SAS Institute Inc. (US), Hewlett Packard Enterprise (HPE) Company (US), Fujitsu Limited (Japan), Oracle Corporation (US), Google Inc. (US), SAP SE (Germany), LogMeIn, Inc. (US), Striim, Inc. (US), Zebra Technologies Corporation (US), LogFuze Inc. (US), InfluxData, Inc. (US), Trustwave Holdings, Inc. (US), and MuleSoft, Inc. (US).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

To help you find the right email marketing software in 2017, we researched and analyzed dozens of options.

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According to the new market research report "Mobile Video Surveillance Market by Offering (Hardware (Cameras, Storage Solutions), Software (Video Analytics, VMS), Service), Application (Trains & Trams, Buses, Transport Vehicles, Police Cars, Drones), Vertical, and Geography - Global Forecast to 2023", The mobile video surveillance market was valued at 1.40 Billion in 2017 and is expected to reach USD 2.32 Billion by 2023, at a CAGR of 8.77% between 2017 and 2023.

The increasing installation of surveillance cameras, improving infrastructure and deployment capabilities, rising demand for intelligent and scalable mobile video surveillance solutions, rising demand for cloud-based surveillance solutions, and growing adoption of IP cameras are the driving factors for the mobile video surveillance market growth.Hardware includes cameras, storage solutions, video encoders, and so on.

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Also, the constantly falling prices of cameras help to increase the adoption rate of surveillance cameras across the world.Request PDF Brochure: https://www.marketsandmarkets.com/requestsampleNew.asp?id=28819736The market for the transportation vertical is expected to grow at the highest rate between 2017 and 2023.

The reason for this growth is the adoption of new technologies (cloud services and other analytics technologies) and security systems to protect its economy and infrastructure through criminal activities and terror attacks.

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This report provides detailed synopsis about opportunities, competitive landscape, emerging technologies, key trends and dynamics in the IoT Data Management Market.According to a new market research "Internet of Things (IoT) Data Management Market by Solution (Data Integration, Data Analytics and Visualization, Metadata Management, Data Security), Service, Deployment Type, Organization Size, Application Area, and Region - Global Forecast to 2022" published by MarketsandMarkets™, the IoT Data Management Market expected to grow from USD 27.54 Billion in 2017 to USD 66.44 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 19.3%.

Browse in-depth TOC on "Internet of Things (IoT) Data Management Market” 60- Tables  48- Figures 165- PagesThe major factors driving the growth of the IoT Data Management Market include the modernization of data warehouse architectures and rise in need for data traffic management.

The increasing adoption of data encryption for IoT device security and growing data intrusion threats are also some of the factors that are driving the market growth.The data integration segment is expected have the second largest market size in the IoT Data Management Market during the forecast period.IoT data integration solutions enable organizations to securely connect, manage, analyze, and integrate real-time IoT data between connected devices and enterprise applications.

It is essential for smart manufacturing companies to include an intelligence layer in their operation floor.

The region has the presence of major sustainable and well-established economies who invest substantially in Research and Development (R) activities, thereby contributing to the development of new technologies.

Various government initiatives, such as smart city projects and telematics programs, are also favoring the implementation of IoT data management solutions in this region.Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=53767032The major vendors in the IoT Data Management Market include International Business Machines (IBM) Corporation (US), PTC Inc. (US), Teradata Corporation (US), Dell Technologies, Inc. (US), Cisco Systems, Inc. (US), SAS Institute Inc. (US), Hewlett Packard Enterprise (HPE) Company (US), Fujitsu Limited (Japan), Oracle Corporation (US), Google Inc. (US), SAP SE (Germany), LogMeIn, Inc. (US), Striim, Inc. (US), Zebra Technologies Corporation (US), LogFuze Inc. (US), InfluxData, Inc. (US), Trustwave Holdings, Inc. (US), and MuleSoft, Inc. (US).About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

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