The Internet of Things (IoT) market is growing rapidly, but most of the data exists in proprietary siloes. The Economy of Things (EoT) represents a new way to share data across ecosystems, unlocking new monetisation opportunities. We forecast EoT will reach an inflection point within the next few years with over 10% of IoT devices being EoT-enabled by 2030.
Tag: connected vehicles
Reliance’s standalone IoT business Unlimit exhibits much of what it takes to be a successful ecosystem play, although it’s too early to signal it a full-grown success. How has it achieved this, what’s to come, and what should others learn?