Dive Brief:
- Salesforce.com Inc. announced it is introducing IoT Cloud, a service designed to help monitor data relayed daily by IoT devices, the Wall Street Journal reports.
- Salesforce plans to conduct pilot projects with selected customers early next year, making the product generally available later in 2016.
- Salesforce announced IoT Cloud at its annual Dreamforce conference this week.
Dive Insight:
The goal of IoT Cloud is to orchestrate interactions between devices equipped with sensors, such as home thermostats, door locks and Webcams.
“It’s like a giant ear,” said Adam Bosworth, a software industry veteran who helped lead the development effort of IoT Cloud.
According to a recent Red Hat report, 70 percent of companies plan to incorporate IoT projects into business within the next five years. Earlier this week, Intel announced it plans to work with Ericsson and Nokia to commercialize Narrow-Band LTE, cellular technology that carries small amounts of data efficiently. Overall, Gartner estimates the IoT market will consist of 25 billion devices by 2020.