Why the Internet of Things Will Lead to the Emergence of New Industry Giants

The Internet of Things is coming: more and more objects have sensors that can be connected to the internet. We are actually lagging behind the available hardware to invent applications. But the actual capability is now present.

iot-infographic-212-billionThe big game changer is that when all these physical objects can sense, analyze and interact on their own, it changes how and where decisions are made, and who makes them. The important thing to remember though is the embedded device by itself is not the game changer….it’s the combination of the applications, the people, and the processes around the ‘things’” (from IBM Center for Applied Insights).

Implementing the IoT will take time, and many trials and inventions. A good summary of the challenges in this ParisTechReview paper ‘From flowerpots to containers: a subtle anatomy of Internet of Things’.

We can already predict the emergence of new giant players that will master the applications in the Internet of Things, like Google and Facebook emerged from the first and the second version of the internet. And it is not a given that this time they will emerge from the Silicon Valley. The game is open!

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