Tag: Cognizant

IoT integration market will grow by a third each year

Forwarders-set-to-see-growthA new market research report claims that the IoT market will grow by a third every year.

MarketsandMarkets beancounters claim that the global IoT Integration Market size is expected to grow from $ 759.5 million in 2017 to $ 3,301.7 million by 2022, at a Compound Annual Growth Rate (CAGR) of 34.2 percent.

The major forces driving the growth of the IoT Integration Market include the growth of the Bring Your Own Device (BYOD) trend and the need for remote workplace management.The increasing demands for data consistency and growing regulatory compliances and regulations are also some of the factors that are driving the market growth, the report said.

The system design and architecture services segment is expected to be the fastest growing service in the IoT Integration Market during the forecast period.

System design and architecture services involve the analysis, design, and configuration of the software components that support the system architecture.

System design engagement typically provides advice for sizing of new systems and scaling of existing systems. It provides improved system performance, offers tailored configuration advice, and monitors the capability usage of system resources.

Service providers also design and offer customized services as per client requirement and budget. These customised services help manage business workflows and improve business efficiency for commercial customers.

The smart building and home automation application area is expected to hold the largest market share in the IoT Integration Market during the forecast period.

Smart buildings comprise energy-saving equipment for the efficient functioning of all components and systems of a building, including lighting, monitoring, safety and security, emergency systems, heating, ventilation and air conditioning systems, and car parking.

The concept of smart buildings has gained prominence due to the increasing adoption of IoT solutions and services. IoT-enabled smart buildings offer enhanced features such as operations personalization, in-building device mobility, occupant comfort, and indoor activities automation.

IoT home automation systems use control systems and smart devices to automatically control and manage basic home functions over the internet from any location.

The major vendors in the IoT Integration Market include Infosys , HCL , TCS, Capgemini, Cognizant, Wipro, Atos, Intel, MuleSoft, Phitomas, Meshed and Allerin.

IT volunteers join Marks and Sparks

abbeyfieldMarks and Spencer said it is to head up a team of volunteers in conjunction with other companies to help local community projects on the 19th of November.

M&S will form part of a 600 strong IT team, and other companies involved in the project include Microsoft, Cognizant and SAP.

The volunteers will work on four projects: One is to help 200 Abbeyfield care home residents to use Google, Facebook and Twitter on laptops, iPads and iPhones to reconnect with their past.

Other volunteers will plant 10,000 trees in Heartwood Forest with the Woodland Trust and volunteers from the Prince’s Trust.

And 110 IT executives will become ambassadors in conjunction with educational charity STEMNET with the aim to help youngsters understand the importance of IT. The ambassadors will visit 15 schools to promote IT, with the event organised by M&S and Tata.