The Internet of Things (IoT) is providing breakthrough value to businesses across every vertical, from manufacturing, to energy, to agriculture, to real estate, to healthcare and more. IoT provides real-time insights into assets, enabling businesses to reduce operational expenses, unplanned downtime and unnecessary servicing.

While the benefits of IoT are well established and significant, one of the biggest hurdles for customers is securing IoT devices - both for new digitization initiatives as well as for legacy Operational Technology and industrial control system environments. Two years ago, Microsoft announced a $5 billion investment in IoT to further our commitment to build a trusted, easy-to-use platform for our customers and partners to build connected solutions - no matter where they are starting in their IoT journey.