How We Are Heading Towards a Smart Planet with The Internet of Things

How We Are Heading Towards a Smart Planet with The Internet of Things

The term Internet of Things was first coined by Kevin Ashton in 1999.  Today there are an estimated 10 billion devices currently connected to the Internet and the Internet of Things is slowly taking shape. And as on “the internet, no one knows that you are a toaster”, all those connected devices will change the way we life and together we are building a smart planet. All those different sensors that connects machines to machines, people to machines and people to people will generate an unfathomable amount of data. The amount of autonomous Internet-connected devices is expected to grow to 25 billion in 2015 and growing to 200 billion in 2020. The massive IoT market is expected to grow to $ 8.9 trillion according to this infographic developed by Brontobytes will have become common language in board rooms across the world.

Source: BestComputerScienceDegrees.com

Image Credit: chombosan/Shutterstock
Dr Mark van Rijmenam
Dr Mark van Rijmenam

Dr Mark van Rijmenam is The Digital Speaker and available for (virtual) keynotes in-person or as avatar or hologram. He is the Founder of Datafloq and Mavin. Van Rijmenam is the author of the three best-selling management books, including The Organisation of Tomorrow, which discusses how AI, blockchain and analytics turn your business into a data organisation. He holds PhD in management from the University of Technology Sydney on how organizations should deal with Big Data, Blockchain and (Responsible) AI and he is the publisher of the ‘f(x) = ex‘ newsletter read by thousands of executives.

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