Summary Bullets:

• In 2023, the IoT market has faced some headwinds. While cellular connections grew in the low double digits year-on-year for industrial use cases, many operators and vendors are seeing only moderate revenue growth. Several key IoT platform providers sold off or discontinued offerings.

• IT service providers, however, continue to play a critical role in successful IoT deployments that are often part of larger digital transformation deals.

Regardless of the difficulties in monetizing some segments of IoT, key vendors, operators, and IT service providers continue launching new services, striking new alliances, and making significant acquisitions to improve their capabilities. The following announcements were made in 2023 by leading IT service providers that are active in the IoT market.

Continue reading “IT Service Providers Announce Alliances, Acquisitions, Labs, and Services to Fortify IoT and Adjacent Digital Transformation Initiatives” →