Microsoft announces considerable investment in IoT

A blog post published by Julia While, Azure Corporate Vice-president at Microsoft, revealed Microsoft’s plan to invest USD$ 5 billion in the Internet of things (IoT) in the next five years. The funds will be allocated to research and innovation in IoT, so that the products and services offered by the company can allow the creation of ‘trusted, connected solutions that improve business and customer experiences, as well as the daily lives of people all over the world’. Microsoft intends to pay particular attention to areas such as securing IoT, creating development tools and intelligent services for IoT, and supporting the growth of the overall IoT environment.​