Microsoft says it will invest $5B in IoT over the next four years to boost research and the development of products, services, and new programs
Microsoft: Today, we are announcing that we will invest $5 billion in the Internet of Things over the next four years. The reason we are doing this is simple: Our goal is to give every customer the ability to transform their businesses, and the world at large, with connected solutions.
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.
We’ve been invested in IoT before the term was coined, when enterprises had these endpoints in their factories, buildings and other devices that were totally “dark.” Today, we’re planning to dedicate even more resources to research and innovation in IoT and what is ultimately evolving to be the new intelligent edge. With our IoT platform spanning cloud, OS and devices, we are uniquely positioned to simplify the IoT journey so any customer—regardless of size, technical expertise, budget, industry or other factors—can create trusted, connected solutions that improve business and customer experiences, as well as the daily lives of people all over the world. The investment we’re announcing today will ensure we continue to meet all our customers’ needs both now and in the future.
