IoT 'has potential to effect major changes in industries'
DUBAI, March 16, 2016
The growing ecosystem of web-connected devices and platforms known as the Internet of Things (IoT) has the potential to effect major changes in many industries, including manufacturing, retail, and transportation, according to an expert.
The IoT represents big opportunities, and businesses need to know how make the most of it.
Colin McCabe, director, Consulting and Training, Red Hat, said: “Gartner forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 per cent from 2015, and will reach 20.8 billion by 2020. In 2016, 5.5 million new things will get connected every day.”
This will likely include smart sensors for predictive maintenance, RFID tags in retail to manage inventory, and intelligent gateways for real-time analysis and decision making at the edge of the network.
The rate at which organisations of all sizes and from all industries are finding ways to make the IoT work for their business is astonishing.
Even if it is something as simple as creating a new smartphone app or inserting a monitoring platform into an existing business system, companies can tap into the potential this amazing ecosystem of devices offers.
Red Hat has recommended a seven-point check list for organisations in UAE kicking off their IoT journey, which includes involving the right team(s); look for the greatest value; start small, aim big; prioritise security; cloud compatibility; maintenance; and analyse the data. - TradeArabia News Service
