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How the Internet of Things Will Change Everything · 1
OF THINGS
HOW THE
INTERNET
WILL CHANGE EVERYTHING
How the Internet of Things Will Change Everything · 2
This white paper provides an overview of what the Internet of Things...
How the Internet of Things Will Change Everything · 3
WHAT IS THE INTERNET
OF THINGS?
The Internet of Things, often referr...
How the Internet of Things Will Change Everything · 4
HOW WILL THE GROWTH
OF IOT IMPACT BUSINESS
LEADERS?
IoT will touch o...
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How the Internet of Things Will Change Everything

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What impact will the Internet of Things have on you and your business? Read the latest white paper from our parent company DMI to discover what the future holds for the Internet of Things. You'll learn how your industry will be impacted by IoT, where the opportunities in the market are and how to tackle challenges associated with the growth of IoT.

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How the Internet of Things Will Change Everything

  1. 1. How the Internet of Things Will Change Everything · 1 OF THINGS HOW THE INTERNET WILL CHANGE EVERYTHING
  2. 2. How the Internet of Things Will Change Everything · 2 This white paper provides an overview of what the Internet of Things (IoT) is and what it means for you and your organization. As you read on you will see forecasts, stats and quotes related to IoT devices. We will also examine how your industry will be impacted. Lastly, we will highlight the challenges associated with the growth of IoT, how you can tackle those challenges – and what the future holds for this technology and your business. – IDC, June 2014 A TRANSFORMATION IS UNDERWAY THAT WILL SEE THE WORLDWIDE MARKET FOR IOT SOLUTIONS GROW FROM $1.9 TRILLION IN 2013 TO $7.1 TRILLION IN 2020. " " How the Internet of Things Will Change Everything · 2 INTRODUCTION
  3. 3. How the Internet of Things Will Change Everything · 3 WHAT IS THE INTERNET OF THINGS? The Internet of Things, often referred to as “IoT”, describes a paradigm shift and it will impact every person, home, business and public infrastructure in the developed world over the next decade, likely sooner. According to Gartner, “The Internet of Things (IoT) is the network of physical objects that contain embedded technology to communicate and sense or interact with their internal states or the external environment.”1 The Internet of Things was essentially born between 2008 and 2009, at the point when more ‘things or objects’ were connected to the Internet than people2 . However, perhaps the first connected device of sorts was the toaster John Romkey invented and presented at the 2009 INTEROP conference. It could be turned on and off via the Internet and was the first glimpse of things to come. The proliferation of mobile phones has changed our lives, the work place and society forever. We believe that IoT will have an even greater impact. Just over the last year alone, the number of global start-ups with IoT related concepts has grown from 100s to 10,000+3 and within good reason. New chipset, sensor and communication technology (that is smaller, cheaper, more modular and energy efficient) is enabling us to realize concepts we only found in science fiction novels, several years ago. Pairing this rapid technological progression with the advancements in telecom networks and powerful cloud computing, allow us to connect all of the devices together, analyze the data and provide intelligent services through software. 1. Gartner http://www.gartner.com/it-glossary/internet-of-things/ 2. Cisco Internet Business Solutions Group 3. Start-up Weekend, Seattle, 2014. Smart Systems & the Internet of Things are driven by a combination of: 1. Sensors & Devices 2. Connectivity 3. People & Process "The IoT has the potential to impact everything from new product opportunities, to shop floor optimization, to factory worker efficiency gains that will power top- line and bottom line gain." - Goldman Sachs
  4. 4. How the Internet of Things Will Change Everything · 4 HOW WILL THE GROWTH OF IOT IMPACT BUSINESS LEADERS? IoT will touch on every part of your life and society in the next couple of years.‎ For example, you will be able to control the temperature in your apartment from your phone while on vacation in Bali or understand how many people walk into each of your store locations, in Hong Kong, Cape Town, and Milan, from your mobile device in New York. Our homes are becoming intelligent, personal and public transportation is transforming through connected vehicles, public buildings and infrastructure are getting connected improving: security, energy usage, accessibility and utilization. Additionally, public servants are enabled to spend more time serving citizens and less time at a desk. The work place is changing everywhere with processes and tools being mobilized and near-ubiquitous connectivity. We are also seeing every sport and hobby changing through the use of wearables and smart devices. At DMI, we have been working with numerous clients on making the benefits of IoT a reality for their business. For our Healthcare clients, we have been developing platforms with the use of connected sensors, which will revolutionize the way they engage their consumer. By leveraging the information gained from sensors, the healthcare products they sell will no longer be used to manage symptoms, but will become an integral part of patient health, through predictive data. 4. Strategy Analytics, October 2014 "The Internet of Things has the potential to transform industries and the way we live and work." - Gartner 4 DOWNLOAD YOUR COMPLIMENTARY COPY OF THE FULL WHITE PAPER AT DMInc.com OR BY CLICKING ANYWHERE ON THIS PAGE

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