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Home » Is Internet of Things Really That Strategically Important? Probably So.

Is Internet of Things Really That Strategically Important? Probably So.

June 11, 2014
ZDNet

That's not to say there's much doubt about the phenomenon itself. There's essentially no question that the Internet of Things (IoT) is fast becoming entrenched both in consumer and enterprise IT. It already seems like just about other new digital device that emerges these days comes with an app to monitor or control it, remote home automation devices are exploding, and everything electric and digital seems to be heading for 24/7 connection to the Internet.

The data is familiar to anyone tracking the story: By 2020, IoT will be a $8.9 trillion market in 2020, with over 212 billion connected things. To put that in perspective, that's about half the size of the entire U.S. economy, meaning that the connectedness of everything will soon be one of the world's largest industries, even though one might say it's nothing more than a convergence of the top pre-existing trends of smart mobility, cloud, and big data.

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KEYWORDS Asset Management Bar Code and Voice Cloud, SaaS & On-Demand Systems connected assets connected enterprise consumer packaged goods High-Tech/Electronics internet of everything IoT RFID & Barcode supply chain management IT Supply Chain Management: RFID supply chain solutions Technology Wireless ZDNet
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ZDNet

Is Internet of Things Really That Strategically Important? Probably So.

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