The global Internet of Things (IoT) market is predicted to grow from $31.5 billion in 2016 to $158.1 billion by 2024, driven primarily by manufacturing, transportation and logistics, and utility companies. As smart cities, homes, and cars become more prevalent, businesses will need to manage an increasing amount of data effectively. Technologies such as time-series data modeling, streaming architectures, data tiering functionality, hybrid cloud environments, and advanced replication are critical for successful data management in the IoT era.