IoT and AI Generate Demand for Active Archive
Perhaps lost in the current COVID-19 pandemic, is another pandemic of a far less threatening kind, the pandemic of the Internet of Things or IoT. It’s a good pandemic that will add value to everything we do and make. IoT is also one of the biggest drivers of storage demand currently exploding across the globe. It has been reported that there were 23 Billion IoT devices installed in 2018 with that number expected to grow to 75 billion units by 2025. While driverless cars are a good example of an internet-connected device with each vehicle generating terabytes of data every day, think about the smartphones that everyone has. Then think about smart everything else like smart homes, smart buildings, factories, machines, cities, airplanes, trains, trucks and so on. You start to get the picture and scope of IoT which is truly mind-boggling.
The market for IoT will continue to expand in 2020, especially as 5G networks start to proliferate. If you are like me and have been consuming more television than usual during this period of coronavirus lockdown, you may have noticed a lot of ads touting 5G networks. 5G promises to deliver 10X better performance than 4G, 100X better network density, with 100X more energy efficiency. With this key enabler rolling out, companies deploying IoT projects will need to plan for the data deluge that is coming as a result of these billions of devices!