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10 Ways the Internet of Things Is Changing the World

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The Internet of Things is still in the early stages of unfolding, but it's already having a big impact.

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10 Ways the Internet of Things Is Changing the World

  1. 1. Text Text 10 Ways the Internet of Things Is Changing the World Image source: Cisco.
  2. 2. The Internet of Things is putting connectivity chips and modems in families of devices that have typically never had them before. Image source: Pexels.
  3. 3. Appliances, home settings, and security systems are increasingly connected and controllable with mobile devices and other IoT command centers, and these devices are generating data and sharing information with each other. Image source: Pexels.
  4. 4. Wearables from FitBit, Apple, and others are tracking exercise and sleep data, and wearable tech is paving the way for a growing number of healthcare applications as it becomes more advanced. Image source: Pexels.
  5. 5. With an explosion of data and advancements in analytics, the Internet of Things is enabling major advancements in targeted advertising. Image source: Pexels.
  6. 6. Automobiles are using data and live communication to make transportation more efficient and enjoyable. Gartner estimates that there will be a quarter of a billion Internet- connected vehicles in use by 2020. Image source: Jeff Sandquist; Wikimedia Commons.
  7. 7. Smart cities are generating massive amounts of data and analyzing information from connected devices to improve traffic and power consumption efficiency. Image source: Pexels.
  8. 8. Video and IoT technologies are driving a massive data boom. IDC anticipates that the world's data load will have increased 10-fold from 2013 to 2020. Image source: Pexels.
  9. 9. Manufacturers are using IoT insights to become more efficient, and these improvements will likely generate huge value over time. GE estimates that IoT will add between $10 trillion and $15 trillion to global GDP over the next two decades. Image source: Mahanga; Wikimedia Commons.
  10. 10. Rapid growth in connectivity is creating new security weaknesses. Gartner expects that 25% of enterprise security attacks will involve IoT by 2020, and the rise of new threats demands that IoT platform holders and device makers optimize their defenses. Image source: Vector Backgrounds; Wikimedia Commons.
  11. 11. The IBM Institute for Business Value has found that IoT is causing 71% of chief operating officers to reevaluate their business models. Image source: Pexels.
  12. 12. The next billion-dollar iSecret The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand- new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early-in- the-know investors! To be one of them, just click here.

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