Microsoft to invest $5 billion in Internet of Things

New Delhi, April 4: Microsoft will invest $5 billion in the Internet of Things (IoT) globally including in India over the next four years, the company said on Wednesday.

With Microsoft's IoT platform spanning Cloud, operating system and devices, the company is simplifying the IoT journey so that any customer can create trusted, connected solutions.

"Microsoft in India is committed to helping everyone bring their digital transformation vision to life across every industry," the company said in a blog post.

IoT is gathering momentum in India, impacting daily lives in saving electricity, resources, predictive healthcare, automobile safety and more.

Microsoft Azure is the preferred platform powering a variety of IoT devices.