The number of connected Internet of Things (IoT) devices worldwide will jump 12% on average annually, from nearly 27 billion in 2017 to 125 billion in 2030. The emerging IoT movement is impacting virtually all stages of industry and nearly all market areas.
The IoT can be structured into 4 pillars comprising:
- New connections of devices and innovation
- Enhanced collation of data
- Advanced computation
- Unique creation of new interactions, business models and solutions.
The 4 C’s of IoT – connect, collect, compute, create will offer a pathway to navigate and take advantage of the changes and opportunities brought about by the IoT revolution.
Delegates learned more at the Internet of Things and Industry 4.0 Conference, hosted alongside the Manufacturing Indaba 2018 Conference in Johannesburg.