In 2020 there will be 50.000 millions of objects connected to the Internet, according to the Vint Institute of Sogeti
The Twenty Institute, trend laboratory of professional technology services provider Sogeti, 50.000 Millions of objects will be connected to the Internet within the year 2020, in the so-called 'Internet of things', according to the data from the first of the four reports that this center has carried out on the matter.
The data from the first study 'Things - Internet of business opportunities' carried out by the Vint Institute of the technology company Soget, that analyzes the impact of the so-called 'Internet of Things' (‘Internet of things’) in society and organizations and will be followed by three more reports, in 2020 there will be 50.000 millions of objects connected to the network.
This trend will open a new universe in relationships and interactions between companies and consumers, since 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 that this change will have on business figures, regarding the creation of new services and models, It is difficult to determine and quantify, Although the data in the report reflects that they will range between 3.300 y 10.600 million euros in 2020.
Como asegura Menno van Doorn, director of the VINT Institute and co-author of this report, “the rapid adoption of social networks, of mobile devices and the growing data analysis and 'the cloud', phenomenon known as SMAC (social, mobile, analytics, cloud), is revolutionizing the information society and now we are more prepared than ever for the progress of 'intelligent things' (smart things).
Besides, The combination of SMAC and things “will unleash a wave of innovation that will surpass everything that has been created so far,” Van Doorn emphasizes.. Production processes can be fully digitalized and equipment maintenance will be much more efficient. The management of millions of things connected to the Internet will generate endless new knowledge and corporations will act based 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 on 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 the companies' CIOs and the possible complications that may arise., such as inadequate data analysis.
Among the strategic recommendations that the Vint Institute proposes to the business market, highlights the “blue ocean strategy”, that encourages proactive work in creating new markets and opportunities, instead of waiting for the market to demand them.
The second part of this report will be available in early 2014, in which the Vint Institute analyzes the effects of technology on the human body and the improvement of sensory perception. The third (scheduled for the second quarter of next year) will be about 'Industrial Internet', delving into how independent sensor networks continue production processes and assembly lines. Finally, The fourth report will focus on the development of so-called smart cities.
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