What Is It? A global network of connected people and devices
What Is It Enabled By? Decreasing technology costs, sensor, connectivity, APIs, and more.
What Devices Are Involved?
- Artificial limbs
- Parking spaces
- Pacemakers
- Toothbrushes
- Kitchen appliances
- Wearable devices
- Jet engines
- Thermostats
- Cars
- Medical Devices
- Personal appliances
- Home security systems
- Curling irons
What Are Ways To Connect?
- Human to Human
- Human to Device
- Device to Device
What Industries Will Be Impacted?
Virtually all including manufacturing, retail, transportation and logistics, healthcare, energy, agriculture, financial.
By 2020, How Many Devices Will Exist?
- Gartner 26 Billion Units
- Cisco 50 Billion Units
- Intel 200 Billion Units
- IDC 212 Billion Units
What Will Market Size Be?
- $8.90 Trillion by 2020 - IDC
- $14.4 Trillion by 2022 - Cisco
What Are The Business Challenges?
- Enabling customer privacy and property rights
- Managing vast amounts of data
- Over-reliance on technology
- Meeting customer needs and expectations