Venture Capital Eyes Internet of Things with Growing Interest

by   |   August 26, 2014 1:49 pm   |   0 Comments

Mac Devine A Venture Capital Eyes Internet of Things with Growing Interest

Mac Devine, Director of CloudFirst Innovation and CTO, Cloud Services Division, at IBM

As the Internet of Things matures, businesses in just about every existing vertical imagine the potential for an era of unprecedented innovation and industry disruption made possible by a world of connected devices. And it’s not just industry that has its eyes on the IoT. The venture capital community is expressing growing interest in the IoT, and for good reason: Estimates of the value the IoT can drive range from $300 billion to $19 trillion.

Mac Devine, director of CloudFirst Innovation and CTO of IBM’s Cloud Services Division, spoke with Data Informed about the Internet of Things. In Part 1 of our conversation, presented here, Mac describes the interest around the IoT he has observed in the venture capital community, industry verticals in which he sees the IoT having the greatest impact, and some of innovations that the IoT could enable.

Mac is presenting a Webinar on Sept. 17, “The Perfect Storm of Data, Cloud, and the Internet of Things: How to Navigate the Challenges and Capitalize on the Opportunity.” Click here for more information and to register for the event.

Click here for Part 2 of our conversation with Mac Devine.

 

Related on Data Informed:

 

Webinar: The Perfect Storm of Data, Cloud, and the Internet of Things: How to Navigate the Challenges and Capitalize on the Opportunity

 

The Internet of Things: What’s Possible vs. What’s Practical

 

Finding Analytics Value from Internet of Things Means Keeping Pace with Machine Data

 

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