IoT Evolution World interviews Radix IoT Chief Product Officer Michael Skurla on the state of the IoT industry. Skurla discusses key growth factors including decreasing device costs, 5G and edge computing advances, and pandemic-driven demand for automation. He highlights the persistent IoT talent gap, noting companies should train existing professionals rather than solely recruiting new specialists.
The interview covers Radix IoT’s fastest growth areas in alternative energy sectors requiring scalable remote management, and emerging networking trends around private networks like LoRaWAN and cellular. Skurla also reviews notable 2022 M&A activity including Schneider Electric’s Aveva acquisition ($11.6B) and Semtech’s Sierra Wireless purchase ($1.2B).
Read the full article: The Demands of Interconnectivity: Radix’s Assessment of the IoT Industry