Discover the Biggest Business Opportunities That IoT Trends can Make in 2019

As we all have seen the development and innovation of IoT app in 2018 and now so many industries interested and investing in IoT technologies to make their work more flexible. Leading industries implementing IoT app recklessly, because it is now only technology on which billions of dollar enterprises build their future.

According to the researcher here following the IoT 2019 prediction trends:

1. Security Race Heats Up: To secure data is the major key in IoT. Leading industries will focus on tackling the security concern and vulnerabilities surrounding IoT.

2. Cognitive Computing and AI: It is the main key to IoT in 2019. Cognitive computing and AI make the IOT more powerful and unlock their value. The cognitive system not only specific programmed but also learn from the human experience. Hence, they succeed in the pace of complexity of IoT and identify data correlation which no one can do.

3. Smart Devices that Continue to Rise in 2019: Smart devices are more in demand and it increases by more 20% in a wide range of areas including automotive, healthcare and other industries. Many leading companies are investing in smart devices and gain more profit.

4. Blockchain Technology: This technology plays a major role to enhance security and easy transaction in the supply management chain. In the coming years, companies will gain blockchain in three ways: building trust, reducing costs and accelerating transactions. With implemented IoT in the blockchain, information with IoT will use in the transaction and these blockchain based solution help organization in improving operational efficiency.

5. Automotive Business Models: Data is the heart of the automotive industry. Automotive industries actively hire IoT technologies to enable vehicles to gather smoothly and communicate with smart cities and smart devices. As we can say that the automotive industry will move toward a data-driven business model.

6. Adoption in Digital Twin: It is key too to improve digital data. Digital twin is the next step in IoT. Digital twin is the bridge between the physical and digital. It is transparent with physical assets and it reduced the cost of the product development in order to create, build, test, monitor and service as well.

We have just discussed the IoT latest trends in 2019 to bring more business opportunity. As IoT is evolving rapidly and we must keep the eye roll on all these trends if we want our business or enterprises more extract in IoT technology. To know more, you can visit emorphis.com

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