Advantech see big market for its embedded computers in IoT and Cloud

The electronics and embedded systems industry is estimating a very optimistic growth in Internet of Things (IoT) which is going to be lot more bigger than the Internet (of computers alone). The leading embedding computer maker Advantech is taking early start in this market. In the recently held event called “Advantech Embedded Design-In Forum” in Bangalore, Hyderabad, Pune and Delhi, Darren Chen, Country Manager, Advantech said “Internet of Things (IoT) will be a game changer in everyday technology. We believe the time of IoT has come. According to the Forrester Research prediction, the global revenues from IoT will be thirty times higher than the Internet”. “Many Governments, including the United States, European Union, Japan, South Korea, and mainland China have made huge investments in IoT to encourage its development. Besides, CCID consulting also forecast that IoT revenues will reach 750 billion RMB by 2015. In India also, the growth due to IoT is likely to be exponential in the coming 2 to 3 years,” said Darren Chan. Advantech shared the market analysis data on IoT from IDC, which says "billions of new users and billions more machines will drive the intelligent systems market to over 5 billion units and nearly $2.4 trillion in revenue by 2017. Embedded Computing is the core technology to enable intelligent devices, intelligent systems, intelligent services, in...