The Big Data Bang
The “Internet of Things” is exploding. It is made up of billions of “smart” devices—from miniscule chips to mammoth machines—that use wireless technology to talk to each other (and to us). Our IoT world is growing at a breathtaking pace, from 2 billion objects in 2006 to a projected 200 billion by 2020.1 That will be around 26 smart objects for every human being on Earth!
Where the Wireless Things Are—and Why
Most IoT smart devices aren’t in your home or phone—they are in factories, businesses, and healthcare.
Why? Because smart objects give these major industries the vital data they need to track inventory, manage machines, increase efficiency, save costs, and even save lives. By 2025, the total global worth of IoT technology could be as much as USD 6.2 trillion—most of that value from devices in health care (USD 2.5 trillion) and manufacturing (USD 2.3 trillion).2
A Spectrum of Smart Stuff
Stuff Yet to Come
Man-Machine Mind Meld
IoT devices are now able to collect data on the human body, but new research is testing our ability to control machines—and even each other—with our minds. This new wireless frontier could yield life-changing and life-saving advances.
Someday soon, connected robots will have the ability to learn from each other and work in teams to increase efficiency and solve scientific problems.
A Facebook* for Things
As TechCrunch puts it, the ultimate IoT prize “is to become the software platform upon which all vertical applications in the Internet of Things will be built.” Besides SmartThings and Ninja Blocks, Evrythng is making a play to be the central platform—calling itself a “Facebook for the Internet of Things.”4