Around the Net

Samsung Moving To 100% Of Its Products Being 'Connected'

When you think of Samsung, you typically picture smartphones, TVs, and maybe even washing machines or semiconductors. You wouldn't associate the South Korean company with light switches, door locks, and delivery trucks. But that's all about to change. Samsung recently pledged to invest more than $1.2 billion in start-ups and research and development (R&D) for the Internet of Things (IoT) and connected devices. A clear business opportunity exists for technology manufacturers that can stake a claim in the IoT. Market research firm IDC expects the IoT market to be worth $1.7 trillion by 2020. Much of this revenue will be driven by consumers, with each of us expected to own 50 connected devices—our small personal claim in a world expected to produce more than 30 billion connected devices.

Read the whole story at PC Magazine »

Next story loading loading..