Why Dell Is Entering the Competitive IoT Market

Why Dell Is Entering the Competitive IoT Market

Dell to spend one billion on IoT Dell (DVMT) is betting big on IoT (Internet of Things). The company will be investing $1 billion in the space over the next three years, and it will dedicate a department to creating hardware and software that will manage several devices connected to the Internet. IoT is becoming an enormous market for network and device vendors. According to estimates by the McKinsey Global Institute, IoT could have an economic impact of $4 trillion by 2025. But while IoT has a lot of potential, it’s an already crowded space. Why Dell is expanding […]

Leave a Reply

Your email address will not be published. Required fields are marked *