As per Gartner “The IoT will continue to deliver new opportunities for digital business innovation for the next decade, many of which will be enabled by evolving or improved technologies," said Nick Jones, research vice president at Gartner. “CIOs who master innovative IoT trends can lead to digital innovation in their businesses.
In addition, CIOs should ensure they have the necessary skills and partners to support key emerging IoT trends and technologies. By 2023, the average CIO will be responsible for more than three times as many endpoints as this year.”
The Internet of Things (IoT)-based attacks are already real. Gartner expects worldwide spending on IoT security to be $3.1 billion by 2021.