$500 Million To Prepare for Internet of Things 'Deluge of Data'

An information explosion from the burgeoning Internet of Things threatens to swamp existing computing and data Relevant Products/Services storage Relevant Products/Services capacities, two semiconductor industry groups warned. Recommending a $500 million investment over the next five years to prepare for the coming waves of data, the Semiconductor Industry Association and the Semiconductor Research Corp. said that without it, the U.S. could fall behind other nations that are ramping up their research.