Microsoft to invest $5 billion in IoT globally

Microsoft to invest $5 billion in IoT globally

Microsoft to invest $5 billion in IoT globally

Microsoft on Wednesday announced that the company will invest $5 billion in the Internet of Things (IoT) globally over the next 4 years.

This increased investment will support continued research and innovation in IoT and what is ultimately evolving to be the new intelligent edge.

With Microsoft's IoT platform spanning cloud, operating system and devices, the company is simplifying the IoT journey so any customer-regardless of size, technical expertise, budget, industry or other factors.

It will create trusted, connected solutions that improve business and customer experiences, as well as the daily lives of people all over the world.  This will support Microsoft's technology platform, as well as supporting programs thereby enabling continued research and development in key areas, including securing IoT, creating development tools and intelligent services for IoT and the edge, and investments to grow our partner ecosystem.

Microsoft in India is  committed to helping everyone bring their digital transformation vision to life across every industry.

The investment will ensure that the company continues to meet all its customers' and partners' needs, both, now and in the future as they develop new and increasingly sophisticated IoT solutions.

IoT is gathering momentum in India, and impacting daily lives like saving electricity, resources, predictive healthcare, automobile safety and more. Microsoft Azure is the preferred platform powering a variety of IoT devices.

IoT Monitoring of water quality via  online is being used by the Bangalore Water Supply and Sewerage Board (125 stations) and Karnataka Urban Water Supply and Drainage Board (KUWSDB) in Hubli, Dharwad and Bijapur (3 stations).

Microsoft Azure IoT is powering India's first Smart Street Lighting Project for the pink city of Jaipur, underscoring Microsoft's mission of transforming public spaces digitally.

Microsoft's partner Samudra LED has now deployed a customized Microsoft IoT-platform-based solution created by ISV Precimetrix to monitor, control and manage smart LED public street lights. The project will benefit 1.65 million people through improved street lighting and a reduction of greenhouse gas emissions by 36,750 metric tons/year. It will also result in $1 million per year in fiscal savings accrued to the government due to reduced energy consumption.

Researchers at IISc Bangalore  are also using a network of IoT sensors coupled with Microsoft Azure analytics to find how cloud technologies can help tackle water scarcity in cities.

Microsoft FarmBeats is a research project for agriculture that enables seamless data collection from various sensors, cameras and drones. It comprises two broad areas viz., a, data-acquisition system consisting of drones and sensors and a data-analysis system consisting of connectivity pieces, cloud storage, and predictive analysis.

Earlier last year, Tata Motors announced it will leverage Microsoft's connected vehicle technologies that bring together AI, advanced ML, and IoT capabilities on Microsoft's Azure cloud, to create a highly personalized, smart and safer driving experience across the digital life of a vehicle owner.

Tyre Express, a startup pioneering lifecycle management for fleet operators, has developed an IoT based Tyre Performance Management Solution. Powered by the Azure IoT Hub, Tyre Express is helping build operational efficiency for commercial vehicle fleet operators by tracking tyre performance.  IoT technology is also availed in manufacturing for predictive maintenance.

As per A T Kearney study,  IoT will lead to a $1.9 trillion productivity increase and $177 billion in reduced costs by 2020. This effect will be pervasive, from connected homes and cars to manufacturers to smart cities and utilities-and everything in between.

Pre-empting this, Microsoft announced Microsoft IoT Central, the first highly scalable IoT SaaS solution, that has built-in support for IoT best practices and world class security along with the reliability, regional availability, and global scale of the Azure cloud.

Microsoft IoT Central  allows companies to  build production-grade IoT applications in hours  and not worry about managing all the necessary backend infrastructure or hiring new skill sets to develop the solutions.

Microsoft's IoT offerings today include operating systems for devices, cloud services to control and secure them, advanced analytics to gain insights, and business applications to enable intelligent action.

With each implementation, customers and partners are overcoming challenges of building an IoT solution that harnesses massive amounts of data. Whether they're building products that transform the home, office or factory floor, one thing remains clear: IoT is a collaborative, multi-disciplinary effort that spans cloud development, machine learning, artificial intelligence, security and privacy.

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