in 2020 there will be 50.000 millions of objects connected to the Internet, according to the Vint Institute in Sogeti

The Vint Institute, Sogeti Professional Technology Services Provider Trends Laboratory, 50.000 millions of objects will be connected to the Internet in the year 2020, in the so-called 'Internet of Things', According to data from the first of the four reports that this center has carried out on the subject,.

Data from the first 'Things – Internet of business opportunities' study conducted by the technology company's Vint Institute Sogeti, analysing the impact of the so-called 'Internet of Things' ('Internet of Things') in society and organizations, and to be followed by three more reports, in 2020 there will be 50.000 Millions of objects connected to the network.

This trend will open up a new universe in relationships and interactions between businesses and consumers, as it will affect the entire organization and, according to Vint's study, will result in a significant reduction in time, Costs, energy, Dedication to device maintenance and updates, among others.

The impact this change will have on business figures, in terms of the creation of new services and models, It is difficult to determine and quantify, While the data in the report reflect that they will range from 3.300 and 10.600 million euro in 2020.

As Menno van Doorn assures us, director of the VINT Institute and co-author of this report, "The rapid adoption of social media, of mobile devices and the growing data analytics and 'the cloud', phenomenon known as SMAC (social, Mobile, Analytics, cloud), It is revolutionizing the information society and we are now more prepared than ever for the progress of 'intelligent things' (Smart Things).

In addition, the combination of SMAC and 'things' "will unleash a wave of innovation that will surpass anything that has been created so far," Van Doorn said. Production processes will be fully digitized and equipment maintenance will be much more efficient. The management of millions of things connected to the Internet will generate endless new insights, and corporations will act on the new information available through real-time data analysis.".

Technological convergence and business opportunities

According to this first report from Vint, traditional industries and the IT sector will fully converge in the new cyber-physical systems, which will generate new business opportunities. The analysis also warns about the need for an active response as a key task of company CIOs and the possible complications that may arise, such as the analysis of inadequate data.

Among the strategic recommendations that the Vint Institute proposes to the business market, Highlights include the “Blue Ocean Strategy”, which encourages proactive work in creating new markets and opportunities, instead of waiting for the market to claim them.

The second part of this report will be available early in the 2014, in which the Vint Institute discusses the effects of technology on the human body and the enhancement of sensory perception. The third (expected in the second quarter of next year) will be about 'Industrial Internet', delving into how independent sensor networks continue production processes and assembly lines. last, The fourth report will focus on the development of so-called smart cities.