The Internet of Things is expected to be a $7 trillion market in six years. However, many small to medium-sized IT firms that do not have the capital to acquire the Nests of the world are left to wonder how they can benefit from this lucrative trend. SMBs with little or no IT in-house support can monetize this new market without reinventing the wheel. The IoT calls for the kind of less sexy resources many SMBs already have available. It opens up an entirely new revenue stream.
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IoT Delivers Window of Opportunity to SMBs
Posted by: Jack M. Germain November 26, 2014 05:00 AMThe Internet of Things is expected to be a $7 trillion market in six years. However, many small to medium-sized IT firms that do not have the capital to acquire the Nests of the world are left to wonder how they can benefit from this lucrative trend. SMBs with little or no IT in-house support can monetize this new market without reinventing the wheel. The IoT calls for the kind of less sexy resources many SMBs already have available. It opens up an entirely new revenue stream.