Skip to main content

How the Internet of Things will transform consumerism, enterprises, and governments over the next five years

  • The Internet of Things is fueling the data-based economy and bridging the divide between physical and digital worlds.
  • Consumers, companies, and governments will install more than 40 billion IoT devices worldwide through 2023.
  • The next five years will mark a pivotal transformation in how companies and jurisdictions operate, and how consumers live.

Being successful in the digital age doesn’t just require knowing the latest buzzwords; it means identifying the transformational trends – and where they’re heading – before they ever heat up.

IoT Forecast BookBI IntelligenceTake the Internet of Things (IoT), for example, which now receives not only daily tech news coverage with each new device launch, but also hefty investments from global organizations ushering in worldwide adoption. By 2023, consumers, companies, and governments will install more than 40 billion IoT devices globally. And it’s not just the ones you hear about all the time, like smart speakers and connected cars.

To successfully navigate this changing landscape, individuals and organizations must understand the full extent and functionality of the “Things” included in this network, the key drivers of each market segment, and how it all relates to the work they do every day.

See the rest of the story at Business Insider

See Also:

Comments

Post a Comment

Popular posts from this blog

Protesters stormed the US embassy in Baghdad and torched parts of it on New Year's Eve

AHMAD AL-RUBAYE/AFP via Getty Images Protesters have stormed the US embassy in Baghdad, setting fire to a reception area. The demonstrations were sparked by US attacks on a militia in Iraq and Syria Sunday, in which 25 were killed. President Trump in a tweet accused Iran of being behind the attack on the embassy, and said the US had launched the strikes in retaliation for an attack in which a US contractor was killed.  Visit Business Insider's homepage for more stories . Supporters of Shia militias in Iraq have stormed the US embassy in Baghdad, setting fire to a guard tower and reception area, according to reports.  An Associated Press reporter at the scene reported seeing flames rise from inside the compound, and at least three US soldiers on its roof. See the rest of the story at Business Insider NOW WATCH: How Ocean Spray cranberries go from the bog to your Thanksgiving table See Also: Greta Thunberg will interview David Attenborough in a special edition of the BB...
Post a Comment
Read more

The future of flying? AI that shames you into being a better passenger

The AI-powered airport of the future is full of promise–and peril, writes Teague futurist Devin Liddell. The first biometric airport terminal is already up and running, thanks to Delta’s collaboration with U.S. Customs and Border Protection, the Transportation Security Administration, and Hartsfield-Jackson Atlanta International Airport. Similar systems are now operational at Dubai International Airport , at least for first- and business-class passengers. While groundbreaking, these systems—powered by artificial intelligence—are early exemplars of the emerging technological transformation of airport and airline operations. They are working preludes to artificial intelligence’s eventual forays throughout the passenger experience. Part of these forays will be driven by technology; we’ll have increasingly smarter and capable tools for independently managing enormous complexities and creating new efficiencies. Another part will be driven by new c...
Post a Comment
Read more

The market's favorite recession indicator has stopped flashing red. But the Duke professor who created it told us everyone should still be prepared for the worst.

Screengrab/YouTube Campbell Harvey, the Duke University professor who uncovered the inverted yield curve as a recession indicator, says his model could some day give a false positive signal. It's something that's top of mind right now, as the curve has univerted in recent weeks. But Campbell argues his model isn't broken or flashing a false signal because the same conditions from prior economic downturns are also present now. He says that everyone should heed the indicator's latest warning as there are other signs that a downturn is coming.  Read more on Business Insider. Campbell Harvey, the Duke professor who pioneered the inverted yield curve's use as a recession signal, says his beloved model will break one day. "I'm not naive about this — the model is very simple," Harvey, who is now a professor at Duke University's Fuqua School of Business, told Markets Insider in an interview. "There will be false signals."  See the rest ...
Post a Comment
Read more