Microsoft invests $5 billion in Internet of Things

Over the next four years, Microsoft will invest 5 billion dollars, or 4.07 billion euros, in the development of the Internet of Things. According to Microsoft, more and more companies are entering the iot market.

Microsoft will invest billions in the coming years in research and development into the security of Internet-of-things, the creation of development tools and services and the collaboration with partners. According to the company, customers can look forward to an expansion of Microsoft’s current iot offering, but the developer is not yet giving details.

According to Microsoft, there is growing adoption and exponential growth in the IoT market, referring to the proliferation of networked devices in homes and vehicles, and the rise of smart cities. Microsoft’s current Internet-of-Things offerings include Azure IoT Suite, Windows 10 IoT and the Microsoft Connected Vehicle Platform.

Internet-of-things has held great promise for years, but factors such as fragmentation, a lack of standards and security have an inhibiting influence on adoption.