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Microsoft will invest $5 billion in IoT. Here’s why.

Added to IoTplaybook or last updated on: 02/12/2019

Microsoft announced the $5 billion investment in the Internet of Things on its IoT blog. That's a really big number, and while the investment will be spread over four years, $1.25 billion is a nice budget per year to make it automatic for IoT projects to use Microsoft Azure as the back end. 

Today, we are announcing that we will invest $5 billion in the Internet of Things over the next four years. The reason we are doing this is simple: Our goal is to give every customer the ability to transform their businesses, and the world at large, with connected solutions.