The Year Of IoT: Eight Data-Driven Directions For 2020

According to a recent report by IDC, digital transformation spending is expected to surpass $6 trillion dollars within the next four years, and it's believed that enterprises globally will spend more than $1 trillion on digital transformation before the end of 2019 alone. The report also notes that industries like process and discrete manufacturing and transportation will be some of the biggest spenders. These investments are fueling the growth of machine learning (ML) and the internet of things (IoT) to improve customer experiences and operational efficiency and accuracy. As companies have begun adopting digital transformations, there are a few things I'm looking forward to seeing more of in 2020. According to a Network World article, "IDC predicts that the collective sum of the world's data will grow from 33 zettabytes this year [2018] to 175ZB by 2025, for a compounded annual growth rate of 61%." (One zettabyte is equal to one trillion gigabytes.)