The Internet of Everything: the World’s Next Game Changer
Oct 6 2014
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Fueling the Internet of Everything is the tremendous explosion in the number of devices and people connected to the Internet – with more than 50 billion linked devices expected by 2020. We’re beginning to see firsthand that when you connect devices, infrastructures – even communities – amazing things are possible. The Internet of Everything presents a USD $19 trillion global opportunity to create value. It will speed up decision-making and innovation cycles for businesses, providing companies with more information so that they can make the right decisions in real-time.
We are already seeing the great transformation the Internet of Everything can unleash in cities across the globe. As the world undergoes a major urbanization transition, the Internet of Everything will be a key solution for governments - it will allow cities to change the way they operate, saving money and energy, while dramatically improving the lives and experience of their citizens.
For instance, 70 percent of the world’s energy is used by cities. By utilizing intelligent street lighting, which equips streetlamps with sensors and connects them to the greater network, streetlights will stay dim without motion to save energy, which can reduce city energy costs 70 to 80 percent. Even something as simple as waste management can also make a difference. Internet of Everything solutions can offer cities a 30 percent reduction in operating costs via connected garbage cans, which help make routes more efficient, alert maintenance staff when they are full and need to be emptied, and notify them of existence of any gas or hazardous materials.
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The Internet of Everything is changing everything and as a result everyone will benefit. Watch below for a glimpse of how this will look in action.
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