Some people call this realm IIoT, the Industrial Internet of Things. In business, it’s not about not getting up off the couch to flip a light switch. It’s about efficiency, data, interconnectedness of systems—and big, big money. According to Accenture, corporations will be spending $500 billion a year on these technologies by 2020.
Usually, new technologies seep into the corporate world through the back door, when employees bring their personal technologies and devices into the workplace (see: smartphones, social media). But in the case of the Internet of Things, it looks like industry will lead the way.
You may not be completely sure why anyone needs to build sensors into, write an app for, and generate data from a waffle iron.
But in the commercial world, when the “things” in question are big, expensive, dangerous, and mission-critical pieces of equipment, the “why” of sensors, data, and apps is screamingly clear.
- Technology & Electronics