Few Companies Taking Advantage IoT Data Exchange Services, ABI Research Says

IoT is advancing so rapidly it will generate "a whole new spectrum of data analytics" and other services that will transform how companies operate, but few have a strategy to take advantage of it, ABI Research said in a Tuesday news release. “From the creation of application enablement platforms and innovative management services, to artificial intelligence and machine vision applications, we will experience transformative data governance and exchange services between all intertwined verticals," industry analyst Dimitrios Pavlakis said. Only a few companies like Bosch, Ericsson and Gemalto are taking advantage of the transformation, he said.