Coinspeaker
News
  • Business
    • Deals
    • Investors
    • IPO
    • Startups
    • Wall Street
  • Markets
    • Bonds
    • Commodities & Futures
    • Currencies
    • Funds & ETFs
    • Indices
    • Stocks
  • Crypto
    • Blockchain
    • Bitcoin
    • Binance
    • Ethereum
    • XRP
    • Altcoins
    • Token Sales
  • Technology
    • Artificial Intelligence
    • Big Data
    • Cloud Computing
    • Cybersecurity
    • Gaming
    • Internet of Things
    • Mobile
    • Social Media
    • Transportation
    • VR and AR
  • FinTech
  • Personal Finance
  • Topics
  • Work It
  • Press Releases
Guides
  • Investing
    • Bonds Guides
    • Commodities & Futures Guides
    • Currencies Guides
    • Funds & ETFs Guides
    • Indices Guides
    • Stocks Guides
    • Forex Guides
  • Crypto
    • Altcoins Guides
    • Bitcoin Guides
    • Ethereum Guides
    • XRP Guides
    • Blockchain Guides
    • Token Sales Guides
  • FinTech
  • Tech
  • Glossary
Tools
  • Coins
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • XRP (XRP)
    • Tether (TUSD)
    • EOS (EOS)
    • Binance (BNB)
    • Litecoin (LTC)
    • Tron (TRX)
  • Token Sales
    • ICO List
    • STO List
    • IEO List
  • Organizations
  • Persons
  • Events
COMPANY
  • About
  • Contact
  • Advertise
  • Partners
  • Careers
  • Privacy Policy
  • Terms and Conditions
Social
  • Facebook
  • Twitter
  • Telegram
  • LinkedIn
  • RSS Feed

© 2023 MDD Group FZE LLC ALL RIGHTS RESERVED.

About Contact Advertise
Coinspeaker
  • Business
    • Deals
    • Investors
    • IPO
    • Startups
    • Wall Street
  • Markets
    • Bonds
    • Commodities & Futures
    • Currencies
    • Funds & ETFs
    • Indices
    • Stocks
  • Crypto
    • Altcoins News
    • Bitcoin News
    • Blockchain News
    • Binance News
    • Ethereum News
    • Token Sales News
    • XRP News
  • Technology
    • Artificial Intelligence
    • Big Data
    • Cloud Computing
    • Cybersecurity
    • Gaming
    • Internet of Things
    • Mobile
    • Social Media
    • Transportation
    • VR & AR
  • FinTech
  • Personal finance
  • Guides
    • Crypto
    • FinTech
    • Investing
    • Personal Finance Guides
    • Technology
  • Tools
    • Coins
    • ICO List
    • IEO List
    • STO List
    • Organizations
    • Persons
    • Events
Bitcoin (BTC)
1 BTC = ... USD
    US Dollar (USD)
    1 USD = ... BTC
      1 BTC = ... USD
      Go to the converter page

      The Evolution of the Internet of Things [Infographic]

      Mar 28 2016 · 20:49 UTC | Updated Mar 28 2016 · 20:59
      by Zhanna Lyasota · 3 min read

      The infographic by Gartner and Lucas Blake explores the evolution of IoT industry and its potential to impact almost every aspect of our lives in the near future.

      Gartner Inc., an information technology research and advisory company, together with Lucas Blake that specializes in the recruitment of Sales Professionals within the Information Technology and Telecommunications sectors throughout the UK and Europe have recently released an infographic that explores the evolution of IoT and its potential to impact almost every aspect of our lives in the coming years.

      The impact of the IoT on consumers’ lives and corporate business models is rapidly increasing as the cost of “instrumenting” physical things with sensors and connecting them to other things — devices, systems and people — continues to drop.

      “Uses of the IoT that were previously impractical will increasingly become practical,” said W. Roy Schulte, vice president and distinguished analyst at Gartner. “The IoT is relevant in virtually every industry, although not in every application. There will be no purely ‘IoT applications.’ Rather, there will be many applications that leverage the IoT in some small or large aspect of their work. As a result, business analysts and developers of information-centric processes need to have the expertise and the tools to implement IoT aspects that play a role in their systems.”

      According to the infographic, this year 5.5 million new devices will get connected every single day, with cross-industry spend estimated to total $201 billion in 2016. It is estimated that IoT will support total services spending of $235 billion in 2016, up 22% from 2015.

      Gartner considers two classes of connected things. Cross-industry devices are generic devices that can be used in multiple industries, such as building management systems or connected light bulbs that can be used to save money. Vertical-specific devices are found in particular industries, such as specialized hospital equipment or container ship tracking devices.

      It comes as no surprise that the rise of IoT is set to continue at a rapid rate over the next few years. In total, over 20 billion IoT units will be in action by 2020, covering health to work, and travel to entertainment.

      However, the nature of IoT solutions, how they are deployed, and the types of data they generate and consume are giving rise to new security and privacy implications that organizations must begin to address. This is a rapidly escalating risk to the organization, bringing complexity unfamiliar to most IT and business leaders.

      “The IoT has enormous potential to collect continuous data about our environment,” said Ted Friedman, vice president and distinguished analyst at Gartner. “The integrity of this data will be important in making personal and business decisions, from medical diagnoses to environmental protection, from commands to modify actions of machinery to identification and authorization of physical access. A black market for fake or corrupted sensor and video data will mean that data can be compromised or substituted with inaccurate or deliberately manipulated data. This scenario will spur the growth of privacy products and services, resulting in an extensive public discussion regarding the future of privacy, the means to protect individual privacy, and the role of technology and government in privacy protection.”

      next
      The Evolution of the Internet of Things [Infographic]
      Share:
      Created with Sketch.
      Subscribe to our telegram channel. Join

      Related Articles

      By Steve Muchoki April 22nd, 2022
      Cloud Computing, News, Technology News How Web3 Will Reimagine IoT Development with Decentralized Chip-to-Cloud IoT Protocol
      By Steve Muchoki April 22nd, 2022

      By bringing transparency into the industry with over 13 billion users, the Kandola Network intends also to shape future IoTs.

      By Tolu Ajiboye February 8th, 2022
      Editor's Choice, News, Technology News, Virtual Reality & Augmented Reality News 25% of People Will Interact Daily with Metaverse by 2026, According to Gartner Research
      By Tolu Ajiboye February 8th, 2022

      Research states that the metaverse in 2026 will have increased adoption, and a quarter of people would spend at least an hour daily.

      By Darya Rudz November 27th, 2020
      Blockchain News, Business News, Cryptocurrency News, Deals News, Internet of Things News IOTA and Bitpanda-Backed Pantos Join Efforts to Launch Christian Doppler Laboratory in Austria
      By Darya Rudz November 27th, 2020

      The official opening of the Christian Doppler Laboratory took place yesterday, with the Austrian Federal Minister for Digital & Economic Affairs Margarethe Schramböck attending the event.

      Top Cryptocurrencies
      • Bitcoin Icon Bitcoin BTC $43 896 0.13%
      • Ethereum Icon Ethereum ETH $2 361 1.99%
      • BNB Icon BNB BNB $235 1.13%
      • XRP Icon XRP XRP $0.65 2.71%
      • Solana Icon Solana SOL $72.6 12.30%
      View All
      Top news
      Google (GOOGL) Shares Gain 5% in Response to Gemini AI Announcement
      Google (GOOGL) Shares Gain 5% in Response to Gemini AI Announcement

      December 8th, 2023

      Ethereum, Solana Prices Hit 19-Month High, Bitcoin Expected to Reach $50K
      Ethereum, Solana Prices Hit 19-Month High, Bitcoin Expected to Reach $50K

      December 8th, 2023

      Spot Bitcoin ETF Talks in Advanced Stage
      Spot Bitcoin ETF Talks in Advanced Stage

      December 7th, 2023

      JPMorgan CEO Jamie Dimon Says He Would Shut Down Crypto If He Had Power
      JPMorgan CEO Jamie Dimon Says He Would Shut Down Crypto If He Had Power

      December 7th, 2023

      Grayscale CEO Very Positive of Bitcoin ETF Approval after Talks with SEC
      Grayscale CEO Very Positive of Bitcoin ETF Approval after Talks with SEC

      December 7th, 2023

      News
      • Business
      • Markets
      • Crypto
      • Blockchain
      • FinTech
      • Technology
      Featured Sections
      • Coins
      • Organizations
      • Persons
      • Events
      • Guides
      • Glossary
      Featured Links
      • Story of the day
      • Editor's Choice
      • Work It
      • Press Releases
      Guides
      • Crypto
      • Investing
      • Financial technology
      • Tech
      • Glossary
      Connect with us
      • Facebook
      • Twitter
      • Telegram
      • LinkedIn
      • Pinterest
      • RSS Feed
      About us
      • About
      • Contact
      • Careers
      • Advertise
      • Partners
      • Sitemap
      • Privacy Policy
      • Terms and Conditions

      Copyright © 2023 MDD Group FZE LLC All rights reserved.

      Reproduction in whole or in part in any form or medium without express written permission of MDD Group FZE LLC is prohibited.