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Microsoft Announces $5 Billion Investment in IoT Over the Next Four Years

Microsoft will invest $5 billion in the Internet of Things over the next four years, said Julia White, Corporate Vice President, via a blog post today. She writes: “We’re now seeing the kind of increased adoption and exponential growth that analysts have been forecasting for years, and we’re just getting started. ... This increased investment will support continued innovation in our technology platform, as well as supporting programs. We will continue research and development in key areas, including securing IoT, creating development tools and intelligent services for IoT and the edge, and investments to grow our partner ecosystem. Customers and partners can expect new products and services, offerings, resources and programs.”

By CircleID Reporter

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