8.4 billion - that’s how many IoT devices are currently installed, according to Gartner, and that number is expected to grow to 20.4 billion by 2020. These devices are proliferating the home, the workplace, and most certainly the enterprise. In fact, the number of these devices this year outnumbered the world’s population for the first time in history.
With an expected valuation of $3.7 billion by 2020, it only makes sense for enterprises to invest in IoT to drive competitiveness and revenue. But here’s the thing: IoT can be made that much stronger when paired with Communications Platform as a Service (CPaaS). In fact, the combination could redefine life as we know it.
Consider the concept of a ‘smart city,’ which uses different types of data sensors to supply information and manage resources. The European Union and Japan are currently working on a two-and-a-half-year program called CPaaS.io. The program aims to run on an open social city platform that’s accessible to any interested party, who then can build value-added applications and services on top of it. If successful, the program could introduce a new world where anyone can enable dynamic new applications that improve everyday life.
This is exactly in line with CPaaS, which allows virtually anyone to integrate custom, real-time communications directly into applications. In the case of this smart city, for example, developers could add real-time voice, video or messaging to IoT apps to enable instant communication among citizens or with government workers. Governments could also use CPaaS to proactively inform citizens via automatic notifications.
Together, IoT and CPaaS can yield explosive results. Check out our online resource library to learn more. If you're ready to take it a step further, visit our website and sign up for an account today!