Eager to cash in on the massive potential for IoT-based data storage and analytics, public-cloud vendors are diving headlong into the IoT market, offering enterprises everything from individual building blocks to fully managed services and every combination in between. The amount of data that is expected to be generated by IoT devices is staggering. IDC predicts that by 2025, there will be 55.9 billion connected devices worldwide, 75% of which will be connected to an IoT platform. IDC estimates the amount of data generated from IoT devices will be 79.4 zettabytes by 2025. The hyperscalers certainly have the capacity to handle that amount of data, as well as the machine learning and AI expertise to perform the analytics. Most enterprises do not, and even if they did, organizations realize that machine-generated data is fundamentally different than human-generated data and should be handled in a different way.
Veranese Promoted to CEO of AMI
With the continued growth and evolution of Advanced Manufacturing International, Inc. (AMI), the