Connected devices, also known as the Internet of Things (IoT), will transition to cognitive, predictive computing over the next 12 to 18 months, according to research firm Frost & Sullivan.
IoT, overall, is also about to grow rapidly, the firm says. It predicts a 20.3% Compound Annual Growth Rate (CAGR) worldwide leading up to the year 2023. That will be a jump to 45.3 billion devices, up from 12.4 billion IoT devices in 2016, it claims.