Schneider Electric's five predictions for the development of the Internet of Things

The Internet of Things (IoT) describes a world in which more and more devices are driven by sensors, devices are connected to each other, and can share information about their current state and the environment in which they operate. Now, the world has arrived.

In a recent Schneider Electric Global IoT Survey of more than 2,500 corporate decision makers worldwide, more than 70% of respondents said they believe the Internet of Things will:

Create new business opportunities for the company in the near future

Improve the efficiency of your business and other businesses

Generate long-term business benefits

Become a key interface between the company and its customers

Moreover, nearly half of the respondents are concerned that if they do not use IoT technology in their business operations, their business will be negatively affected and lose their competitive advantage. This is quite interesting.

Schneider Electric's five predictions for the development of the Internet of Things

The future of the Internet of Things: Schneider Electric's five predictions

1. The next round of digital transformation: The Internet of Things will trigger the next round of enterprise digital transformation, which is the integration of operational technology (OT) and information technology (IT), which will help the development of labor mobility and digitalization: with more and more The company will expand and deepen the digital transformation within the entire business scope, and the role of the Internet of Things, especially the industrial Internet of Things, will become more and more important. More affordable "interconnected" sensors, embedded intelligence and control, faster and more ubiquitous communication networks, cloud acceleration and edge computing, and advanced data analysis capabilities will all contribute to this wave of digital transformation. The survey results show that two-thirds of companies plan to implement IoT technology through mobile applications in 2016.

2. Market Insight Data: The Internet of Things will transform previously undeveloped data into market insights, helping companies take customer experience to a new level: when thinking about the value proposition of the Internet of Things, most companies consider it to be the main The advantage is to increase efficiency and save costs. However, implementing data access—including data that has not been previously developed—and turning it into actionable market insights (which is what the Internet of Things is all about) will help companies achieve higher levels of customer service. Transformation provides new opportunities for companies to increase brand/service loyalty and satisfaction. 63% of companies surveyed plan to use the Internet of Things in 2016 to better analyze customer behavior and improve service levels.

3. Local-to-cloud confidence: The Internet of Things will drive an open, interoperable hybrid computing approach that fosters industry and government collaboration on global architecture standards to help address cybersecurity issues: while cloud-based Networking solutions will become increasingly popular, but no single computing architecture can monopolize their messaging. Conversely, as part of a private cloud or public cloud offering, the Internet of Things will thrive across systems, both on the edge and indoors. Forty-one percent of respondents believe that cybersecurity threats related to the Internet of Things will become a key challenge for their business, which reflects the current user security concerns. Making the Internet of Things available across heterogeneous computing environments can help end-users use IoT solutions in ways that best suit their security needs and mission-critical needs, while enabling organizations that are still using traditional technology infrastructures to be reasonable. Moving forward on a controlled path allows them to transition smoothly over time.

4. Crossing infrastructure barriers to achieve innovation: The Internet of Things will inspire innovation, break business models, and promote economic growth in companies, governments, and emerging economies: just as the industrial revolution, the birth of the Internet, and the mobile revolution have driven social progress, Innovation and prosperity, the Internet of Things will do the same. Enterprises and cities will provide new services to support the Internet of Things. New business models will emerge. In particular, emerging economies will face great opportunities to quickly use the Internet of Things without the constraints of traditional infrastructure. Leaping Development. In fact, McKinsey predicts that 40% of the global IoT solution market will come from developing countries.

5. A Better Planet: IoT solutions will be used to address major social and environmental issues: The Internet of Things will help countries and their economies meet the biggest challenges facing the planet, including global warming, water scarcity and the environment. Pollution. In fact, respondents believe that improving resource utilization is the greatest benefit of the Internet of Things for the entire society. With the private sector.

In response, the local government and the national level also support the Internet of Things, with the aim of using relevant technologies to accelerate and optimize existing measures to curb greenhouse gas emissions and achieve national commitments in the breakthrough climate agreement of COP21 (Paris Climate Summit). (In this agreement, 195 countries around the world promised to keep the global temperature rise to within 2 degrees Celsius by 2100).

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