IBM, Google, Intel Leading World in IoT Investment
IBM's $3 billion investment places it No. 1 in the world on the list of companies that are betting a whole lot on this market, which is already quite active.IBM isn't often mentioned in the media as being a leader in the rapidly growing Internet of things market, but it is quietly putting out a substantial corporate investment in it. Back in March, the venerable all-purpose IT provider announced that it was investing a cool $3 billion and hiring 1,400 workers into a new business unit that would create, develop and market products and services that would fit into the Internet of things bucket. That investment places it No. 1 in the world on the list of companies that are betting a whole lot on this market, which is already quite active. According to a listing compiled by the research firm IoT Analytics, IBM—with that huge $3 billion commitment—is now No. 1 in the world in IoT investment, followed by Google, Intel, Microsoft and Cisco Systems. Apple, SAP, Oracle, Samsung and Hewlett-Packard round out the top 10. The second 10 are ranked in this order: Ericsson, Amazon, GE, Qualcomm, AT&T, Orange, BlackBerry, Facebook, Dell and Verizon.
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