I think most people will
be surprised at how invisible the technology is, even when it is so pervasive. But the implications of IoT on every aspect of life will be profound. “ - Jim Tully Gartner Research
Over the next five years…
Nearly 25 billion ‘things’ will be connected to the Internet, and the IoT will add $2 trillion in economic benefits worldwide.
Find big companies that are
making huge moves in IoT: General Electric uses millions of sensors in its industrial machinery, and makes its own IoT software too. Both Google and Microsoft have created software to power Internet of Things devices. Intel makes IoT chips, has purchased a handful of IoT companies, and already earns more from the Internet of Things than it does from mobile. Samsung owns home automation company Smart Things and recently released its own IoT processor.
Or, take a smaller approach:
CalAmp has a wireless datacom business that helps companies manage machine-to-machine (M2M) connections, including some of Caterpillar’s largest equipment. NXP Semiconductors is merging with Freescale Semiconductor, which will make the company the fourth-largest semiconductor maker and the dominant semiconductor supplier to the auto industry. Sierra Wireless makes wireless embedded modules for M2M devices, wireless gateways, and software to manage IoT connections.
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