Www.pewinternet.org/files/2014/05/PIP_Internet-of-things_051414.pdf. Intel Corporation (INTC): Intel: Moving Ahead Rapidly In Another Multibillion Dollar Market. Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha).
I have no business relationship with any company whose stock is mentioned in this article. (More...) Industrial Internet is a fast emerging concept and currently is one of the biggest opportunities for the companies that operate in the related field. Industrial Internet refers to new ecosystems of machines connected through networked sensors (hardware) and software. Market size: Industrial Internet market is heading towards a phenomenal growth. (click to enlarge) Growth In The Internet Of Things. The Internet Of Things represents a major departure in the history of the Internet, as connections move beyond computing devices, and begin to power billions of everyday devices, from parking meters to home thermostats.
Estimates for Internet of Things or IoT market value are massive, since by definition the IoT will be a diffuse layer of devices, sensors, and computing power that overlays entire consumer, business-to-business, and government industries. The IoT will account for an increasingly huge number of connections: 1.9 billion devices today, and 9 billion by 2018. That year, it will be roughly equal to the number of smartphones, smart TVs, tablets, wearable computers, and PCs combined. In a new report from BI Intelligence, we look at the transition of once-inert objects into sensor-laden intelligent devices that can communicate with the other gadgets in our lives. Access The Full Report And Data By Signing Up For A Free Trial Today >> Twine - Listen to your world, talk to the Internet. The Internet of Things Has Arrived — And So Have Massive Security Issues.
Photo: Jim Merithew/Wired Internet.
Things. Add the “Of” and suddenly these three simple words become a magic meme — the theme we’ve been hearing all week at CES, the oft-heralded prediction that may have finally arrived in 2013. While not devoid of hype and hyperbole, the Internet of Things (IoT) does represent a revolution happening right now. Companies of all kinds – not just technology and telecommunications firms – are linking “things” as diverse as smartphones, cars and household appliances to industrial-strength sensors, each other and the internet.
But … with great opportunity comes great responsibility. It’s scary how few people are preparing for it. Andrew Rose is a Principal Analyst at Forrester Research focusing on security and risk professionals. The Loopholes Security loopholes can occur anywhere in the IoT, but let’s look at the most basic level: the route data takes to the provider. And it’s not just security: it’s privacy, too. The Evolutions Editor: Sonal Chokshi @smc90. How The Internet Of Things Will Evolve. Are you ready for the Internet of Things? The Internet of Things - McKinsey Quarterly - High Tech - Hardware. In most organizations, information travels along familiar routes.
Proprietary information is lodged in databases and analyzed in reports and then rises up the management chain. Information also originates externally—gathered from public sources, harvested from the Internet, or purchased from information suppliers. But the predictable pathways of information are changing: the physical world itself is becoming a type of information system. In what’s called the Internet of Things, sensors and actuators embedded in physical objects—from roadways to pacemakers—are linked through wired and wireless networks, often using the same Internet Protocol (IP) that connects the Internet.
These networks churn out huge volumes of data that flow to computers for analysis. Pill-shaped microcameras already traverse the human digestive tract and send back thousands of images to pinpoint sources of illness. Podcast When virtual-world capabilities meet real-world businesses Exhibit Enlarge 1. 2. 3. No Longer Vaporware: The Internet of Things Is Finally Talking. The rise of the machines has begun: Steve Sande’s household fan is now self-aware.
Sande, a Colorado-based tech writer, had noticed that his cat, Ruby, was suffering on hot summer days. His house doesn’t have air-conditioning, and he wasn’t always around to turn on the fan. So Sande bought a new gizmo called the WeMo Switch, which connects to the Internet so you can turn on an outlet remotely. It’s also programmable. Using the free web service If This Then That, Sande created a script that monitors information from Yahoo Weather. The Internet of Things - McKinsey Quarterly - High Tech - Hardware. Are you ready for the Internet of Things? Internet of Things. The Internet of Things (IoT) is the network of physical objects or "things" embedded with electronics, software, sensors and connectivity to enable it to achieve greater value and service by exchanging data with the manufacturer, operator and/or other connected devices.
Each thing is uniquely identifiable through its embedded computing system but is able to interoperate within the existing Internet infrastructure. The term “Internet of Things” was first documented by a British visionary, Kevin Ashton, in 1999. Typically, IoT is expected to offer advanced connectivity of devices, systems, and services that goes beyond machine-to-machine communications (M2M) and covers a variety of protocols, domains, and applications. The interconnection of these embedded devices (including smart objects), is expected to usher in automation in nearly all fields, while also enabling advanced applications like a Smart Grid. Early history In its original interpretation,[when?] Media The Consumer Internet Of Things. The arrival of the Internet of Things marks a major watershed in the global consumer economy.
Internet connections will be built in to a massive quantity of new products, from air conditioners to light bulbs and security alarms. These will all be controlled through apps and websites, and feed data into the cloud. Startups specialized in home automation, established consumer electronics giants, and large Silicon Valley-based tech companies are all poised for a huge battle over this new consumer space, sometimes also referred to as the "Connected Life" market.