Verizon Doubles Down on IoT With ThingSpace Launch

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The ThingSpace portal allows developers to manage their IoT environments and related data, end-to-end, from device to network to application.

Last week, Verizon revealed that its Internet of things business delivered nearly $500 millionin revenue for the first nine months of 2015. But with the launch of ThingSpace, a Web-based developer platform for IoT, Verizon is aiming to make that number go much higher. Verizon said ThingSpace is the cornerstone of its IoT strategy. Similar to other IoT cloud platforms from IBM and Amazon Web Services, the ThingSpace portal allows developers to manage their IoT environments and related data, end-to-end, from device to network to application.

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