There seems little doubt about it anymore; the Internet of Things (IoT) age is upon us. Predictions for IoT growth and adoption, from the world’s biggest economic analysis agencies, range from huge to incredibly huge. Yet we are still to agree on a suitable formula to make the IoT secure from cyber attack, and if this issue is not resolved soon, it could be too late to avoid catastrophe. Bain calculates that by 2020 annual revenues could exceed $470B for the IoT vendors selling the hardware, software and comprehensive solutions. General Electric estimates investment in the Industrial Internet of Things (IIoT) will top $60 trillion during the next 15 years. IHS forecasts that the IoT market will grow from an installed base of 15.4 billion devices in 2015 to 30.7 billion devices in 2020 and 75.4 billion in 2025. “As vendors scramble for their share of the market, they cut corners or completely ignore cyber […]
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In this research note, we map the strategic direction of US security alarms and monitoring services provider ADT. This analysis focuses on the acquisition, investment and partnership moves they have made in Smart Home, Mobility and Connectivity / Cyber Security. ADT Reported revenues of $5.3 billion in 2021, They met or exceeded guidance from the […]
Cyber-attacks now rank alongside natural disasters and climate change as one of humanity’s top ten risks globally, according to the World Economic Forum. Like pandemics and global economic crises, a wide range of buildings, businesses, public services, and almost every facet of society is at risk after the widespread proliferation of connected technologies, such as the […]
This Research Note examines the emerging strategic priorities of Johnson Controls (JCI) in the smart buildings space. We have mapped acquisitions, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the group, by categorizing the various business relationships by technology and investment type over a 3-year period. This article, part 1 of a 2-part analysis, is intended […]
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