The Internet of Things (IoT) is rapidly revolutionizing how enterprise organizations work, and technology budgets are increasingly reflecting the need for IoT investment. At least $3.1 billion of IT consulting services and $11.2 billion of systems integration services will be consumed building and implementing IoT solutions worldwide in the next three years. Organizations recognize that today’s faster pace of business and their desire for digitally enhanced business transformation means a bigger technology budget.
Following the 2014 Summer Davos Forum, China’s State Council issued a series of formal opinions in 2015 that outlined detailed general principles and measurement guidelines meant to encourage entrepreneurship and innovation, pursue innovation-driven development, and improve employment in China.