Today, we see the integration of Industrial, Business, and Consumer Internet.
This integration is bringing together the Internet of People, Internet of Things, Internet of Energy, Internet of Vehicles, and Internet of Media, Services, and Enterprises.
In this way, it forms the backbone of the digital economy and digital society and the foundation for the future knowledge and innovation-based economy in supporting solutions for the emerging challenges of public health, aging population, environmental protection and climate change, the conservation of energy and scarce materials, enhancements to safety and security, and the continuation and growth of economic prosperity.
Penetration of smartphones and advances in machine to machine (M2M) and wireless communication technology will be the main drivers for Internet of Things (Io T) development.
The Io T contribution is in the increased value of information created by the number of interconnections and the transformation of the processed information into knowledge shared in the Internet of Everything.
The connected devices are part of ecosystems connecting people, processes, data, and things which are communicating in the cloud, using the increased storage and computing power and pushing for standardization of communication and metadata.
In this context, the next generation of the cloud technologies will need to be flexible enough to scale autonomously, adaptive enough to handle constantly changing connections, and resilient enough to stand up to the huge flows in data that will occur.
For 2025, analysts forecast that there will be six devices per human on the planet, which means 50 billion more connected devices over the next 12 years.
The Io T market is connected to this growth from industrial M2M systems, smart meters, and wireless sensors.
Enabling technologies such as nanoelectronics, MEMS, embedded systems, intelligent device management, smart phones, telematics, smart network infrastructure, cloud computing, and software.