For a technology concept that's really only gained widespread interest in the past eight to ten years -- a figure depending largely upon which company, organization or individual is attempting to take credit for naming it -- the Internet of Things (IoT) is a relatively young concept. It didn't even gain a place on one research firm's hype cycle for emerging technologies until 2011; by 2014, that same company had already moved it from being a technology trigger to being at the peak of inflated expectations.
Nevertheless, communication service providers (CSPs), technology vendors and others continue to invest heavily in solutions that rely upon, support and -- in many cases -- create new innovation to IoT. From the number of IoT platforms that have been introduced into the market in the past 12 to 18 months, it's obvious that IoT is viewed as anything but an inflated expectation.
These are just some of the findings in the newest Heavy Reading report "Future of Virtualization: Focus on IoT Platforms." This report examines application enablement platforms for the IoT, utilizing data collected from nine companies that provide such solutions. It analyzes where the market is today, as well as investments vendors are making into the technology and trends expected over the next 18 to 24 months. It discusses vendor strategies and profiles. Finally, it provides a detailed comparative analysis of solutions.
We agree that IoT holds an important place in the overall picture of virtualization, which we believe is the ultimate term to encompass the impact that such technology will have on the future. It's also why we created and have been working for almost a year on the Future of Virtualization program. We specifically chose IoT platforms as the first in a series of research topics that will focus on the technologies featured in Virtuapedia.
Already, we have more than 840 companies and 1,150 products and services featured in Virtuapedia, and we're also focusing on the associations, alliances and organizations -- more than 300 of which we've discovered that likely will play a vital role as virtualization continues to develop.
And while there's no way to tell just how much impact IoT -- or IoT platforms -- will have in the future of virtualization, there is no question that the hundreds of companies and thousands of products we've featured are banking on the success of IoT and other technologies that are the backbone of virtualization.
— Denise Culver, Research Analyst, Heavy Reading