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6 Quotes that Predict the Future of the Internet of Things

August 11, 2017

6 Quotes that Predict the Future of the Internet of Things

As the Internet of Things (IoT) gains an ever-larger foothold in the market, value-added resellers are rapidly becoming top resources when it comes to security issues, selection of different IoT platforms, and overall advantages for businesses of every size. 

That means IoT is likely to keep speeding along in terms of adoption and usage, especially with major programs like the new Cisco IoT System. What does the future hold? Here are some experts who are willing to make some predictions:

Wave of the future:

"[T]he Internet will disappear. There will be so many IP addresses, so many devices, sensors, things that you are wearing, things that you are interacting with, that you won't even sense it. It will be part of your presence all the time. Imagine you walk into a room, and the room is dynamic. And with your permission and all of that, you are interacting with the things going on in the room." — Eric Schmidt, Google chairman, on a panel at the World Economic Forum

Industry growth into major market:

"IoT is transforming the everyday physical objects that surround us into an ecosystem of information that will enrich our lives. From refrigerators to parking spaces to houses, the IoT is bringing more and more things into the digital fold every day, which will likely make the IoT a multi-trillion dollar industry in the near future." — PricewaterhouseCoopers report, Sensing the Future of the Internet of Things

Major impact:

"Smart homes and other connected products won't just be aimed at home life. They'll also have a major impact on business. And just like any company that blissfully ignored the Internet at the turn of the century, the ones that dismiss the Internet of Things risk getting left behind." — Jared Newman, writing in Fast Company

Mobile capability and revolutionary apps:

"The proliferation of devices with communicating-actuating capabilities is bringing closer the vision of an Internet of Things, where the sensing and actuation functions seamlessly blend into the background, and new capabilities are made possible through access of rich new information sources. The evolution of the next generation mobile system will depend on the creativity of the users in designing new applications. IoT is an ideal emerging technology to influence this domain by providing new evolving data and the required computational resources for creating revolutionary apps." — Jayavardhana Gubbi, study in Future Generation Computer Systems

Information on tap:

"IoT is changing and transforming everything from business to life. Imaginations are boundless and opportunities are infinite. Everything is being wired up or connected wirelessly — architecture, energy efficient sensing, secure networks, quality of service, new protocols, participatory sensing, data mining, GIS based visualization, cloud computing, and international activities. It simply means that powerful information will be at our fingertips." — Mehul Nayak, writing in Tech.co

The new revolution:

"The global industrial sector is poised to undergo a fundamental structural change akin to the industrial revolution as we usher in the IoT. Equipment is becoming more digitized and more connected, establishing networks between machines, humans, and the Internet, leading to the creation of new ecosystems that enable higher productivity, better energy efficiency, and higher profitability. While we are still in the nascent stages of adoption, we believe the IoT opportunity for Industrials could amount to $2 trillion by 2020. The IoT has the potential to impact everything from new product opportunities, to shop floor optimization, to factory worker efficiency gains that will power top-line and bottom-line gains." — Goldman Sachs, in its report The Internet of Things: The Next Mega-Trend

As IoT becomes more of a reality at many enterprises, learning more about the technologies and processes of IoT can position you as a top resource for your customers.

What do you think the future of IoT is? Let us know in the comments.