‘The Internet Of Things’ Will Change Virtually Everything About How Large Companies Operate

IoT_NewGrowthBII

The Internet Of Things will reshuffle priorities and costs for global enterprises.

The IoT will be a diffuse layer of devices, sensors, and computing power that overlays entire business-to-business, consumer-facing 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 IoT research 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. This represents a major challenge and opportunity for all large companies. The most valuable IoT applications will almost certainly be enterprise uses.

Some of the top applications for the IoT:

Source: Emily Adler, in Business Insider
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