The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
ALKESH SHARMA / EMIRATES BUSINESS
As IoT (Internet of Things) technology comes of age, UAE enterprises are in an immediate need to have cutting-edge solutions that provide the expanded capabilities to utilize the smart devices up to the optimum level. There is an apparent room available in the industry to have enhanced networks capable of supporting the pervasive nature of IoT devices, say experts.
According to a recent survey report, IoT manufacturing market size is predicted to grow from over US$ 4.10 billion in 2015 to around US$ 13.50 billion by 2020. This market is pegged to grow at a whopping CAGR of nearly 26.9 percent during 20-15-20. Henceforth, there is a clear-cut scope as well as requirement to raise the level of supporting infrastructure to make most out of IoT technology.
“While the IoT has been a popular buzz phrase for the last 18 months in UAE, the scale of devices to which it applies has been fairly limited. However, the ongoing developments in network technology that will support the IoT will propel the mass deployment of IoT devices across the enterprise and in many vertical markets. They are finally driving broader scale IoT deployments,†said Manish Bhardwaj, Senior Marketing Manager, Middle East & Turkey at Aruba, a Hewlett Packard Enterprise company.
Bhardwaj pointed out that as enterprises in UAE begin building a network infrastructure to support the IoT technology, they must address various impending challenges.