Internet-of-Things

Accelerator > Intelligent Devices

Interconnected devices continue to grow exponentially, bringing efficiency gains and cybersecurity concerns to business and consumer markets

Interconnected devices continue to grow exponentially, bringing efficiency gains and cybersecurity concerns to business and consumer markets

Definition

    Network of physical objects and virtual platforms embedded with software, sensors and network connectivity capable of collecting, exchanging and acting upon data

Outlook

  • Expected exponential growth in adoption of interconnected devices in industries such as healthcare, manufacturing, retail, transportation, and utilities to reduce waste and optimize processes
  • Heightened concerns on vulnerabilities to cyberattacks as more infrastructure assets are connected online
  • Projected rise in smart appliance ownership through declining costs and greater functionalities
  • Enabled ability to control home appliances and systems, including temperature, lighting color, music, entertainment, power use, and home security remotely using smartphones
  • Sustained focus on integration of appliances and devices across interoperable standards

Implications

  • Improving business and consumer energy and other resource consumption and management
  • Enabling increased data collection on customers and business operations
  • Fueling need for improved Big Data and Analytics capabilities
  • Reducing labor-intensive monitoring and maintenance activities
How are you taking advantage of the Internet-of-Things applications to learn about customers, monitor your operations, reduce your costs, or improve your quality of life?
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