There are no shortages of new
technologies that arrived on the scene over the past few years – ranging from
self-driving cars to 3-D printing to cryptocurrency
Some of these promise to make the
world a better place without providing any real business case or justification
for its use. Others seem to receive a huge amount of hype and give the ongoing
promise that they will go main stream in another three-to-five years.
You can argue that the Internet of Things
(IoT) falls in this category. After all,
it almost took over the top spot as the most hyped technology in Gartner’s Hype Cycle for Emerging
Technologies, 2015. Industry experts are predicting a staggering number of
IoT devices will be on the network by 2020 with predictions ranging from 21 billion to 50
billion to 200
Even more impressive than the
sheer number of IoT devices are predictions around the economic impact that the
IoT can bring. McKinsey
estimates that by 2025, IoT will add between $4 trillion and $11 trillion to the
economy each year.
For these devices to truly bring
value, they must be connected to the network. This connectivity will take
many forms, including wired Ethernet, WiFi, LTE, Bluetooth and more.
Enabling these technologies within the building requires proper planning and
design and attention to the relevant industry standards.
To learn more about how to plan
for the IoT, join me for an educational lunch session on Tuesday, February 2 at
BICSI Winter Conference & Exhibition on “Building the Infrastructure
for the IoT.” The luncheon will start at 12:30 p.m. EST in the Sebastian Room
look forward to seeing you there.