The enterprise content management industry saw many significant changes during 2016. Acquisitions, mergers and rebranding abounded. For example, OpenText announced plans to acquire Documentum and the rest of Dell's enterprise content division, while Apex Technology acquired Lexmark and rebranded the enterprise software group as Kofax. The year even saw a change in the very definition of enterprise content management; Gartner's Magic Quadrant emphasized the need for a highly personalized, more flexible approach that is context-based rather than simply a means to manage unstructured content.
Internet of Things is radically changing how companies are connecting with their customers. Virtually every industry is finding that is impacting network traffic, the volume of data collected and the ways that marketers can engage their customers. Opportunities are only going to grow; by 2020, there will be over 30 billion connected devices, according to projections by Gartner.
The Internet of Things, often called the IoT, is poised to change the face of business. As of 2015, researchers estimated that there were 3.8 billion connected devices in use; the projections range between 25 billion and 50 billion IoT devices by 2020. There are already cars, locks, streetlights, home appliances, fitness monitors and a wide variety of other smart devices available, and some experts assert that smart devices are beginning to power yet another industrial revolution that can prove as disruptive as steam, electricity and computers. Whether the IoT lives up to all of the hype remains to be seen, but one thing is certain — the IoT is already changing the face of business and will likely drive much more dramatic changes in the future.
Topics: Internet of Things