What experts from around the industry expect for IoT in the not too distant future
In this article...
- HPE Matter gathered predictions from top IoT analysts and business leaders about the future of this quickly growing market
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The number of connected devices is expanding at a faster pace than ever before, and it’s clear that the Internet of Things (IoT) is here to stay.
We spoke to top industry analysts and business leaders who shared their thoughts on where IoT is heading next year, and in the years to come.
By 2020, over 20 billion connected things will be in use across a range of industries.
The IoT will touch every role across the enterprise.
The number of IoT devices online will soon dwarf the number of IT devices. Since both share common networking and security resources, by 2020 IT and IoT will effectively merge.
The worldwide Internet of Things market will grow to $1.5 trillion in 2020.
In the next five years, IoT, AI and AR/VR fusion will enable very advanced simulation capabilities. Instead of the system telling you what is happening, you will be able to specify a goal and the system will tell you how to get there.
By 2020, two-thirds of companies that have adopted IoT will utilize an IoT platform suite—up from one-third today.
IoT is no longer a question.
Don’t be left out in the cold, waiting for the Internet of Things to happen—it’s happening now,
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By 2020, 65 percent of companies that adopted the Internet of Things will utilize an IoT platform for at least one IoT project.
IoT architectures will continue to push data analytics to the devices whenever possible, greatly reducing the amount of data sent upstream and minimizing the load on the network infrastructure.
In 2017, IT leaders will look to take the next important step in IoT—automating the onboarding and security processes for all devices needing network access (whether they are IoT, BYOD or guest devices) to provide a better user experience while safeguarding network security.
The installed base of consumer IoT devices will exceed the installed base of smartphones and tablets combined.
In 2017, IoT moves from connecting devices to driving insights from data.
Vendor ecosystems will mature and focus on using analytics and machine learning to deliver use cases such as predictive maintenance, asset tracking and improved resource utilization.
Everything we do will change when IoT is fully leveraged—we will drive to the office in a connected car, work in a connected building, etc.
For the general end user, the biggest benefit of IoT comes from the improved user experience.
The ability to leverage real-time data processing coupled with context and historic analysis will enhance our current usage of these devices and services exponentially.
Cars will become intelligent things, communicating with their ecosystems in real time.
This is one of HPE’s 2017 priorities, in collaboration with large car manufacturers and automotive engineering companies. These developments will give drivers access to a wealth of convenience and security features. Among others, we have a kind of ‘invisible concierge’ in mind that will correct irregularities automatically, such as closing the open sun roof in case you have locked your doors.
The Industrial IoT will not only increase the efficiency of factories, but it will fundamentally change the way manufacturing firms produce and do business. In the future, when you order a car, the entire supply chain will be configured on the fly according to the features of your unique order. It will not take months, but days for your car to be delivered. For manufacturing firms, this means they have to digitize their plants and develop new forms of value creation and collaboration.
The number of connected devices will grow from 3-5 billion today to around 20 billion by 2020. Of those, 60% will be consumer IoT devices and 40% from Industrial IoT. So in 2017, our focus is on Industrial IoT—becoming a systems integrator for implementing large transformation programs in manufacturing.