Accelerator: Internet-of-Things

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

Internet-of-Things

Accelerator > Intelligent Devices

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?

Briefings

Japanese conglomerate Softbank and Finnish telecommunications company Nokia became first to test 5G network to connect cars at Honda research and development site in Hokkaido

February 13, 2020

Ohio-based 80 Acres Farms grows organic, pesticide-free produce using indoor farming, automation and controlled environment methods

February 11, 2020

Canadian company Cognitive Systems introduced WiFi Motion that senses movement by detecting and interpreting changes in Wi-Fi signals at Consumer Electronics Show 2020

January 20, 2020

Italy announced plan for country’s digital growth by 2025, through digitization of services, supporting innovation, as well as inclusive development

December 18, 2019

GE Healthcare launched Edison Developer Program, platform for health providers to integrate artificial intelligence (AI) into smart devices and applications

November 27, 2019

SK Telecom partnered with South Korean police and road authorities to share traffic data and co-develop 5G-based traffic signal system

November 15, 2019

42 Technology and Western Power Distribution completed first U.K. field trials of FuseOhm Internet-of-Things (IoT) monitoring system for electricity substations

November 13, 2019

Scientists at Queen Mary University of London explored potential of bacteria Escherichia coli to create bio Internet-of-Things (IoT) nanotechnologies, such as environmental sensors and therapies

November 4, 2019

Amazon and over 30 companies formed Voice Interoperability Initiative to enable users to access multiple voice assistants from connected devices

October 3, 2019

Amazon announced Amazon Smart Oven, 4-in-1 microwave that can be controlled by voice through Alexa with scan-to-cook feature

October 1, 2019
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