Iot
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The document discusses how the Internet of Things (IoT) will evolve by 2020. It predicts that by 2020, there will be 30 billion connected devices, and by 2021 that number will grow to 200 billion connected devices. The IoT will create $19 trillion in value globally over the next decade by connecting everyday objects to the internet. By 2020, the IoT will enable learning to become personalized through connected devices, help solve problems like healthcare and energy access, advance smarter manufacturing, and create new product and service opportunities as more products become internet-connected.
Iot
- 1. IOT: Internet Of Things The Next Big Thing By: Shivam Prakash Chaurasia
- 2. Introduction • The Internet of Things (IoT) is a computing concept that describes a future where everyday physical objects will be connected to the Internet and be able to identify themselves to other devices. • It is an environment in which objects, animals or people are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.
- 3. IoT: Future • Gartner estimates that by 2020, there will be some 30 billion connected devices. • IDC is even more bullish and expects there to be about 200 billion connected devices by 2021. • It is a $19 trillion global opportunity over the next decade. • Private-sector firms can create as much as $14.4 trillion of value while cities, governments and other public-sector organizations can create $4.6 trillion. • Technology is evolving rapidly. It has, and will continue to, profoundly change our lives in the years to come
- 4. So, What kind of positive changes can we expect to see rising out of the Internet of Everything (IoE) by 2020?
- 5. IoT: #Future2020 1) By 2020 we could expect to see a massive Internet of Everything in linear knowledge taking place through any device, anywhere. • This process perfectly captures how a connection between the four pillars of IoE - people, process, data and things - is already influencing. • Through IoE, the linear knowledge-sharing dialogue between teacher and student can evolve into something entirely within the student's control. • They will be able to learn at their own pace, focusing more on what they perceive as relevant to them.
- 6. IoT: #Future2020 2) IoE will help solve two of the biggest problems facing the world • The Internet of Everything will help solve two of the biggest problems facing the world: energy and health care. • Connecting all of these devices and making them smart, is all about improving the world's 'connected intelligence'. • The Internet of Everything will enable faster decision-making, greater sustainability and substantial innovation.
- 7. IoT: #Future2020 • Manufacturing and IT will become inherently connected by 2022 and, as such, both sectors will gain a far deeper understanding of the other. • 3) Smarter Manufacturing will be the word of the day • The industry is entering a new digitalized environment with the help of IoE. • It certainly stands to reason manufacturing plants themselves will need to be as 'intelligent' as the billions of connected devices they produce, if not more so.
- 8. IoT: #Future2020 • 4) New opportunities to create new products and services as products become connected • Businesses will see new opportunities to create new products and services based around growing IoE connections. • As products become connected - as milk cartons go digital and toothbrushes become intelligent - the amount of data produced will be vast. • In connecting the unconnected, a process which is currently churning out 25,000 connecting devices every 15 minutes, it is estimated that 220,000 new engineers will be needed each year between now and 2022.