Blockchain and IoT Picked as Key Technologies for 2017

CTO Forum, a community for Chief Technology Officers and technology leaders to learn from their peers and share ideas, surveyed a group of senior technologists from America’s leading companies to get insights on technologies that they view as foremost for notice in the coming year. The three key areas were noted as being Blockchain, Internet of Things, and Artificial Intelligence.

With regards to the IoT, it was stated that analysts expect there to be 25 billion connected devices installed by 2020 and companies will invest nearly 6 trillion on IoT solutions over the next five years.

Steve Gray, SVP of Engineering for Qualcomm, commented: “It’s going to hit almost every industry. It doesn’t matter whether you’re in financial services, networking or consumer products, Internet of Things is going to impact you in some way,”

 

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