Microsoft has announced one of the significant investment in the world of Internet of Things (IoT). It has announced to invest US$5 billion in the IoT globally over the period of coming four years.
The investment is aimed to support continued research and innovation in the Internet of Things. This will also support Microsoft’s technology platform. Part of investment will also go in growing the partner ecosystem.
Today, Microsoft’s Internet of Things platform comprises of cloud, operating system and devices. Thus, it is simplifying the IoT journey for customers—regardless of size, technical expertise, budget, industry or other factors. Microsoft will create trusted, connected solutions that improve business and customer experiences, as well as the daily lives of people all over the world.
The investment announced will ensure that Microsoft continues to meet its customers’ needs both today and tomorrow.