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IoT Growth Demands Rethink of Long-Term Storage Strategies

IDC predicts that by 2025 there will be 55.9B connected devices worldwide, 75% of which will be connected to an IoT platform.

www.eetasia.com, Jul. 29, 2020 – 

Internet of Things (IoT) is finding its way across various industries and applications, and the data generated from these devices is creating new opportunities to improve business outcomes. Managing this data is key to delivering organizational insights. Furthermore, choosing the appropriate storage solution for long- and short-term storage of this data is vital.

"While IoT is becoming an acceptable term across various application areas, managing and archiving of the data generated from the connected devices is a critical success factor for the industries. Based on that the criticality of data to the application/use-case, redundancy, and granularity of information generated from the connected devices, decision towards level of compression and timelines for storage are decided and implementing the security and governance policies around the storage," says Abhishek Mukherjee, Senior Market Analyst for Telecommunications and IoT at IDC Asia/Pacific.

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