By 2020, every single product and service will have artificial intelligence components. New types of networks are being developed in order to meet the changing demands brought forth by digital transformation. For example, The 5G network -expected to be fully operational by 2020 - was designed with IoT and the increase velocity of data sharing in mind.
The inevitable implementation of IoT will create a challenge for Enterprise Architects. It will be important to determine how device networks will communicate, how data will be processed, which applications or systems to invest in to process the surge in data, and which team members will oversee IoT endeavors.
General Electric estimates that IoT will add between $10 trillion and $15 trillion to the global GDP. IoT opportunities can be capitalized upon in many ways - but first, it is necessary to ensure that your enterprise architecture is structurally prepared for the changing network requirements IoT will bring.