Microsoft says its latest financial plan calls for an investment of $5 billion in the Internet of Things. Over the next four years, the software giant will significantly ramp up development of IoT projects for businesses.
More fluffy PR details at the Microsoft Blog, but there are no concrete details about what Microsoft has in store.
We’ve been invested in IoT before the term was coined, when enterprises had these endpoints in their factories, buildings and other devices that were totally “dark.” Today, we’re planning to dedicate even more resources to research and innovation in IoT and what is ultimately evolving to be the new intelligent edge. With our IoT platform spanning cloud, OS and devices, we are uniquely positioned to simplify the IoT journey so any customer—regardless of size, technical expertise, budget, industry or other factors—can create trusted, connected solutions that improve business and customer experiences, as well as the daily lives of people all over the world. The investment we’re announcing today will ensure we continue to meet all our customers’ needs both now and in the future.