Friday, 9 December 2016

The Future of IoT

By Sian Walsh

I was in the midst of my morning scroll on Linkedin today and came across a great post from Meg Whitman herself on the the prospect of a more connected future thanks to the development of IoT.

The post featured a video which shows just some of the great technology advances that could happen in the future such as; video calling through watches, ghost suitcases, car doors that open for you, and sending virtual cupcakes via drones -  I think the latter is my favorite idea! In Megs words 'We’re beginning to see a world where everything is connected and everything computes, driven by the Internet of Things (IoT)''... and it's a very exciting prospect that we can all look forward to.

Take a look at the video for yourself and read a snippet from the article below

A More Connected Future - Meg Whitman

The potential of Industrial IoT
Behind the scenes, in almost every industry, massive efforts are underway to connect our physical and digital worlds, unleashing what many are calling the next Industrial Revolution.

The potential is so great, a recent World Economic Forum (WEF) report predicts that, within the next 10 years, IoT will impact nearly two-thirds of the global GDP, bringing unprecedented opportunities to almost every aspect of our lives.

“One study suggests that IoT will add £322 billion to the U.K. economy by 2020.”

Our cities
The UN predicts that 66 percent of the world’s population will live in cities by 2050, placing massive strains on infrastructure and resources. But cities around the world—from London to Goyang—are already investing in technologies to cope with the influx.

Sensors, data and analytics are being used to reduce traffic and energy consumption, improve public safety and air quality, and protect the elderly. These investments will not only give citizens more control over the services they want and need, they may even serve as an economic stimulus. One study suggests that IoT will add £322 billion to the U.K. economy by 2020.

The workplace

Some research that suggests nearly half of all U.S. jobs could be automated in the next two decades. And, it’s not just manufacturing jobs that will be automated. If you’ve seen the trailer for the new movie “Passengers,” you’ve seen that bartenders can be automated, too.

But the good news is, IoT won’t just replace jobs—it will open up entirely new professions. One WEF estimate suggests that 65 percent of children entering primary school today will end up in jobs that don’t yet exist. We’ll see more IoT-driven professions like smart energy experts and tech-savvy city planners, along with the ever-growing need for more engineers, developers and data scientists.

But creative types, don’t fret—as production jobs give way to automation, some experts predict IoT will also unleash an “artisan economy” where writers, artists and designers can flourish.

To read the full article click here

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