Michael Dell, chairman and CEO of Dell Technologies, last month announced a $1bn investment in IoT R&D over the next three years.
What does $1bn buy you in IoT? A new IoT division, to be run by VMware’s CTO Ray O’Farrell, a bunch of new IoT-focussed projects including Project Iris – an under wraps RSA security development – and some collaborations for things like processor accelerators to “increase the velocity of analytics closer to the edge.”
Dell talked a lot about the edge during its event – citing autonomous vehicles, factory automation and drones as examples of how computing is going back to the old distributed model again. In truth, Dell’s happy hunting ground. Nothing new here of course.
There are already plenty of examples from Dell, GE Digital and others showcasing the value of sensors and connected devices in making predictive analytics possible, for improving maintenance and support and keeping industry machines whirring for longer. Everything is connected.
Dell’s money comes as Gartner has forecasted that 8.4 billion connected things will be in use worldwide in 2017, up 31 percent from last year, and will reach 20.4 billion by 2020. Total spending on endpoints and services will reach almost $2 trillion in 2017.