IoT Forum 2016 took place at Hilton Sofia Hotel on March 8th. The event was organized by IDC Bulgaria and sponsored by IBM and Samsung. Neli Vacheva, Country Manager at IDC Bulgaria opened the event.

Among the speakers were David White, Manager for Business Strategic Alignment at Coca-Cola Hellenic Bottling Co, Bulgaria, Leonhard Muigg, Industry 4.0 Coordinator at Siemens Austria, Desislava Krusteva, Attorney at Law and Internet Foundation, Karel Hrib, Analyst and Business Consultant, Asset Management and Internet of Things, IBM Watson IoT, Ljuba Gantcheva, PR Communications Manager at Opel Southeast Europe, Iliya Krastev, CIO at City Clinic, Radoslav Zlatkov, CTO at Vivacom and others.

According to IDC’s predictions, the value of the IoT market in Bulgaria will increase from $202.1 million to $437.4 million in 2019. On the other hand, there are some challenges in the era of Internet of Things such as lack of standardization, security, privacy and specific skills.