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According to Cisco, there are an estimated 1.5 trillion things in the world (no mention of exactly how they counted those things, but let’s go with it) and approximately 8.7 billion, or 0.6%, were connected in 2012. The firm expects a 25% annualized decrease in price to connect between 2012 and 2020 and a matching 25% annualized increase in connectivity. That means we can expect 50 billion connected things by 2020, with 50% of those connections happening in the final three years of the decade.
With trillions of end-point 'things', device cloud platforms, subnets for humans, machines, sensor networks and rampant innovation being fostered globally, the Internet of Things could have the same disruptive potential as the Internet itself.
Building on the foundation of the IoT, the Cisco (CSCO) vision is the Internet of Everything, which it defines as bringing together people, process, data, and things to make networked connections more relevant and valuable than ever before. Cisco believes that there is a $14.4 trillion value at stake in this market, which combines the increased revenues and lower costs that is created or will migrate among companies and industries from 2013 to 2022. The factors driving the trend include mainstreaming of sensors, cloud computing and the migration of everything to IP networks.
Over five billion wireless connectivity chips will ship in 2013, according to ABI Research, as our appetite for everything mobile continues to grow. Bluetooth and Wi-Fi are both growing, of course, but so are lesser-known specs such as Zigbee, UWB, and, yes, even NFC. (...)
I talked to Peter Cooney, a wireless analyst with ABI, just before the the research company’s London offices closed for the Christmas long weekend.
“NFC has gone from two million devices in 2010 to 100 million in 2012,” he said. “Android is really driving that growth, but NFC is coming of age … and integration into smartphones is driving growth in other areas.”
That’s something we’ve seen a lot of this year: sensors and connected switches for windows and doors, lights, heating, and more. SmartThings wants to help youcontrol the real world, as does ReelyActive. And while NFC has been the next great thing for some time, we’re seeing a ton of innovation in the home automation space using multiple wireless protocols.
“In 2013 cumulative shipments of Bluetooth-enabled devices will surpass 10 billion and Wi-Fi enabled devices will surpass 10 billion cumulative shipments in 2015,” Cooney said in a statement.
Productivity gains resulting from the “internet of things” could add between $10 trillion and $15 trillion to global GDP over the next 20 years, according to a new study from General Electric (GE).
... it acknowledges that if its vision is to become reality there needs to be a sustained effort in technological innovation, with considerable investments in the deployment of the necessary sensors, instrumentation and user-interface systems.
GE | TelecomEngine.com
UK-based Neul today announced a new $5 million investment from Mistui & Co. Ltd. subsidiary MGI, as well as existing investors DFJ Esprit, IQ Capital, Business Angels and founding company employees. Neul offers businesses and others a way to create a machine-to-machine (M2M) network using TV signal white space frequencies, which has the advantage of taking bandwidth-heavy, essential communication between devices away from congested frequencies like those used for Wi-Fi and GSM networks. The money will be used to help the firm expand its business, but Neul is more interested in the potential partnerships that investment from Mitsui brings along with it. (...)
Ultimately, what Neul is looking at is the opportunity arising in connected devices, even though other uses include rural broadband (which Neul is actually trialling as well). That focus is designed to capitalize on what Smyth says is a market with a huge amount of growth potential.
“There are all sorts of potential forecasts for M2M growth over the next 10 years or so, and the only thing they have in common is that they all see huge growth,” he said. “One, for example, suggests it’ll be a $150 billion market in the next five years. Another suggests it’ll be that size by 2020. The common theme is that it’ll be huge, probably around one-third the size of the current global mobile market.”
Neul is betting on its Weightless communication standard to define the entire category.
Speaking at a seminar held by European Communucations, titled "Beyond Connectivity", Schlautmann said that the Fleet and Freight Management and Security and Surveillance sectors are the only two sectors achieving market "breakthrough". (...)
Schlautmann added that he "can't see" payments, vending and NFC becoming "mass market" in Europe, and added that metering and monitoring, often touted as a key vertical, offers little beyond basic connectivity revenues. Schlautmann also pointed out that "no other market" is so dependent on regulatory and legislative drivers - referencing eCall and smart metering as example. "If smart metering was not regulated then there would be no market at all," he said.
But it was for the e- and m-health market that he expressed his strongest reservations.(...)
"It's not about the number of devices." he said, "it's about revenue." To build revenues, telcos will need to develop ecosystems that let them orchestrate and develop services, so that they can benefit from the created value. At the moment, most markets exhibit far too many players, operating in too small spheres of influence. Telcos, by partnering, co-operating and forming alliances with partners throught the value chaing, could drive the sort of ecosystem consolidation that is required, he said, to drive "breakthrough" revenues.
A new market research study available from a British firm, Companies and Markets, predicts that by 2017 the global Internet of Things market will reach sales of $290 billion.
Second, I'm forced to ask again: If the "IoT" has such short-term promise (not to mention its long-term transformational impact on every aspect of our society and economy), why does the very term, let alone the examples that are already making it a reality, remain such a mystery in the U.S? I have yet to find an intelligent layman who's already familiar with the IoT before I explain it.
The Internet of Things represents a big opportunity to drive growth for both UK and worldwide economies. According to IMS Research, governments will play a key role in defining the regulations that will propel shipments for M2M communications modules to more than 118 million units by 2016, especially in the automotive sector.
The first forum will meet on August 24 in the UK and will be chaired by Gary Atkinson, who leads the Internet of Things initiative at ARM.
“In the next five years, over £2.4 billion will be spent in the UK on smart home energy management devices, ranging from smart meters themselves to in-home devices that are connected to them. This is a great example of an Internet of Things application, but is only a fraction of the market that will open up over the next 15-20 years,” said Atkinson.
China, Japan and the European Union all invest about €1 billion a year in the Internet of Things; it is not known how much the US spends but the country also tags, scans and monitors goods and services. "The question of whether this is a desirable development or not is no longer relevant, the technology is there and we're using it," says IT specialist Arjan Geurts of Twynstra Gudde Advice Bureau.
The technical problems have been solved; an RFID or Radio Frequency Identification tag costs just five cents and wireless internet is in the ascendancy. The amount of information being sent is relatively small, which means there is very little chance of overloading the internet connection. Geurts: "the advent of the smartphone is the motor driving technological developments."
Asia is in the vanguard when it comes to the Internet of Things. Van 't Hof: "Chinese and Japanese users have integrated the technology very harmoniously. When China introduced electronic licence plates in order to monitor and regulate traffic, the authorities feared it would lead to riots as the technology could be used to restrict freedom of movement. However, there were no protests once the advantages of the system were explained and assurances about data accumulation were given. Transparency was the key."
The privacy issues don't worry companies very much, but security is very much an issue. Jaap-Henk Hoepman, a computer security and privacy expert attached to Radboud University in Nijmegen, says, "If something goes wrong, the damage is enormous. A company could be stuck with an entire shipment of perishable goods if the tracking system goes down or could be hit by digital industrial espionage."
"But that's no reason not to go ahead. We have to be aware of the risks. About 90 percent of the applications for this technology haven't even been thought of yet. And there will certainly be ways to use the technology that will make us wonder how we ever survived without them."
Wearable body sensors and remote monitoring can keep chronic patients out of hospitals and improve their quality of life while significantly reducing admission expenses.
Analyst forecasts estimate the potential value of the mHealth market will be $4.6 billion by 2014. The driving forces behind this expected uptick are numerous. Mounting pressure to cut burgeoning costs in the U.S. healthcare system is a government mandated objective; in particular, preventable readmissions cost an estimated $12–17 billion per year. On top of this lies the problem of an aging population, exacerbated by the size of the baby boomer demographic. Americans aged 60 or older represented 18 percent of the U.S. population in 2009; , this segment is expected to grow to 27 percent by 2050.
"The "Internet of Things" is a term that describes the many objects in the physical world that are now connected to the web. It also describes an industry that is expected to earn mobile device operators nearly $1.2 trillion in revenue by 2020.
When discussing The "Internet of Things" we refer to connected devices that are part of systems tuned into larger systems, or information bases, that the Internet offers. The devices "talk" with each other, exchanging services and data. Such connected devises range from smartphones and tablets, to TVs and DVD players, security systems, GPS and tracking systems, and much more."
Barry Eggers, an investor at Lightspeed Venture Partners, is trying to piece together growth opportunities in the emerging Internet of things, and while he can't be sure, he's got some ideas.
Data scientists, entrepreneurs, and IT analysts have great hopes for the Internet of things. One analyst recently declared 2014 to be the year when IT buyers focus more on the Internet of things.
In line with the much parroted software-is-eating-the-world logic, Eggers is betting that the control point will turn out to be in a person’s phone rather than on a separate, wholly new device for the home.
“The penetration of smartphones is pretty high,” he said. “… Why isn’t the control point just your mobile phone? It has all the radios in it that you need. It has all of the software you need.” It’s reasonable to think of them as a solid landing pad for all the data and analytics from the Internet of things devices a person owns or uses.
A string of moves to add increasing levels of Bluetooth Smart Ready and Bluetooth Smart technology integration by leading OS providers like Apple, Microsoft, Blackberry, and most recently, Google, sets the stage for an extraordinary increase in Bluetooth Smart devices. According to Bluetooth SIG, there was a year on year growth of more than 186% in the first half of 2013 alone.
This is a topic that is important to us at Cisco. We believe the number of internet connected devices reached 8.7 billion in 2012. There are a number of estimates out there by others, but they are generally in the eight to ten billion range. This number would include traditional computer devices, mobile devices, as well as the new industrial and consumer devices that we think of as things.
You can get background and references on that number in a white paper by Cisco’s IBSG group:http://www.cisco.com/web/about/a… Dave Evans on our team works with market researchers to sort these numbers out. IMS Research is traditionally a good source for this sort of data. (...)
Rob Soderbery, Cisco Executive
07 Jan 2013
With LeWeb just a week away, the Internet of Things, this year’s theme for LeWeb Paris, is on everyone’s minds. After all, with LeWeb’s tendency to pick sectors/trends on the rise, it’s no surprise that everyone’s talking about it. While we’ve not quite arrived at Microsoft’s vision of the future, Sigfox as made significant strides in laying down the groundwork for connected devices, with a network covering 80% of France, and 100% coverage set for early 2013.
The Rude Baguette
26 Nov 2012
Google’s Project Glass may sound like a bet on a distant future, but wearable computing could become a billion-dollar business sooner that you might expect: Juniper believes that smart watches, wearable fitness gizmos and head-mounted displays will bring in $1.5 billion by 2014.
One factor alone - China - should be making western political and business leaders wake up, sit up, take notice and put the “Internet of Things” firmly into all their political and corporate business planning cycles.
The outgoing Chinese Politburo certainly recognised the transformative impact of billions of cheap, small, very smart, intercommunicating sensor devices - the miniature building blocks of the Internet of Things.
This is about the capability of every object to have a unique identifier (URL) using chip, sensor and communications technology to intercommunicate with its environment, other objects and living things (including humans) - and also to make autonomous decisions. This'll be hugely disruptive to us all.
The technology embracing Chinese government is now three years into building its Internet of Things programme which last year it reckoned to grow annually at 30% to become a £48bn market within China by 2013..
Dr John Riley is passionate about improving the innovation process, having first hand experience of large enterprises, small business, academia, and government. More...
In fact, companies across multiple industries are already using Internet of Things technologies to track and manage physical assets, improve the customer experience, enhance supply chain visibility and more.
The global October 2012 commissioned study conducted by Forrester Consulting “Building Value from Visibility: 2012 Enterprise Internet of Things Adoption Outlook” showed the following results:
There is a positive perception of the term IoT in India, and 92% of respondents agree with a common definition provided of what IoT solutions are.
India Leads the World in Implementing IoT Solutions
30% of organizations in India already have an IoT solution in place as compared to 15% of organizations globally.
7 in 10 organizations in India are planning to implement IoT Solutions within the next two years as compared to 5 in 10 organizations globally. ...
While supply chain visibility and asset tracking are the top issues organizations hope to address with these solutions, the top benefits for surveyed enterprises in India include: improved customer service, supply chain visibility and cost efficiencies.
More than a decade ago, radio-frequency identification (RFID) technology pioneer Kevin Ashton coined the term "Internet of Things." The idea was that every item, product, or "thing" would have a unique identifier just as every computer does on the Internet. RF tags, of course, would provide the means by which these things could be tracked and identified.
For logistics managers, the Internet of Things would be a game changer. Among other benefits, it would make it possible to track the flow of goods into and out of a warehouse at the item level. Some retailers and consumer packaged goods manufacturers are already experimenting with item-level tracking. Nonetheless, it appears that the ability to track everything is still several years away.
Why? A recent report from Frost & Sullivan ("Analysis of the Active RFID and Sensor Networks Market") offers some insight into the barriers to making the Internet of Things a reality. One of the top challenges, it notes, is getting more companies to buy the type of tags necessary to make this possible. (...)
As for why users are shying away from active tags, there are a couple of reasons. First, there's the lack of common industry standards. While passive tags use data standards developed by the EPCglobal consortium, there's no such system in place for active tags. At the moment, makers of active tags use different technology protocols, such as Wi-Fi, Rubee, Zigbee, ultra wide band, infrared, and ultrasound. All of those protocols require different standards, hindering widescale adoption of the technology. (...)
Although a standard would hasten the adoption of active tags, there's still another obstacle—cost. Bhattacharya says a passive basic tag goes for $2 to $5 per unit,while an active tag costs between $10 and $15. And that's the low end of the range. If those tags are embedded with sensors and support multiple technologies, the cost of an active tag can top $100 per unit.
Rogers Communications Inc , Canada's largest wireless company, says the "Internet of things" - fridges that write shopping lists and smoke alarms that send text messages - will be a C$400 million ($384 million) market in Canada by 2015 and that it wants a significant share.
"$400 million is just the start. It's just the beginning of what we think is an absolute explosion of opportunity in the M2M space," Robert Bruce, president of the company's wireless and cable units, said on the sidelines of a telecom conference on Monday.
Connected boxes Twine and Ninja Blocks, card-like Electric Imp, and stand-alone sensor hub Knut all use sensors to communicate information about objects or the environment around them to the Internet — a concept known as “The Internet of Things.”
The Internet of Things has been around for a while. It includes gadgets like connected scales and the Nike+ shoe, as well as identifying technologies as simple as Radio Frequency Identification (RFID) tags. Over the last few years, however, the hardware involved in putting objects online has become more accessible — and The Internet of Things has made a beeline toward the mainstream.
“Trying to determine the market size of the Internet of Things is like trying to calculate the market for plastics, circa 1940,” Nelson explained in a report by consulting firm the Hammersmith Group. “At that time, it was difficult to imagine that plastics could be in everything.
"America’s Intel and Britain’s ARM have long dominated different bits of the global chip market. Now each is attacking the other’s stronghold"
"The battle is not just about dividing up territories already occupied; it is also about finding new lands to conquer. Both firms are keen to stake claims on the largely uncolonised and still somewhat notional terrain known as the “internet of things”: the myriad processors in industrial machinery, consumer goods and infrastructure, ever more of which will communicate with each other and with distant computers. Cisco, a giant American maker of networking gear, estimates that by 2015 there may be almost 15 billion internet-connected devices, up from 7.5 billion in 2010. Whereas the market for more phones and other personal computing devices is limited by the number of persons the planet has to offer, things, being more numerous than people, provide a lot more long-term room for growth."
snippet: What are we connecting?
This means an RFID-tagged cereal box may be considered as one of the “things” on the internet. Theoretically, the RFID would have been used in conjunction with other sensors to record the full life-history of that particular box of cereal, from the time it was manufactured to how it was transported and how long it took for it to be empty."