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Groups call for $500 million initiative to prepare for ‘deluge of data’ from Internet of Things

An information explosion from the burgeoning Internet of Things threatens to swamp existing computing and data storage capacities, two semiconductor industry groups warned Monday.

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.

By Pete Carey

Full Story: http://www.mercurynews.com/business/ci_28737591/groups-call-500-million-initiative-prepare-deluge-data

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