Menu
Internet of Things connected devices to reach 38 billion by 2020

Internet of Things connected devices to reach 38 billion by 2020

For most enterprises, simply connecting their systems and devices remains the first priority

The number of Internet of Things connected devices will number 38.5 billion in 2020, up from 13.4 billion in 2015: a rise of over 285 per cent.

New data from Juniper Research claims that while IoT ‘smart home’ based applications grab media headlines, it is the industrial and public services sector - such as retail, agriculture, smart buildings and smart grid applications - that will form the majority of the device base.

This is due in no small part to a much stronger business case for these types of applications.

Michelin and John Deere, for example, have successfully transitioned their businesses towards being service based companies through the use of IoT, as opposed to their previous incarnations as product vendors.

The new research, The Internet of Things: Consumer, Industrial & Public Services 2015-2020, found that while the number of connected devices already exceeds the number of humans on the planet by over two times, for most enterprises, simply connecting their systems and devices remains the first priority.

“We’re still at an early stage for IoT,” notes Steffen Sorrell, research author, Juniper Research.

“Knowing what information to gather, and how to integrate that into back office systems remains a huge challenge.”

Additionally, interoperability hurdles owing to conflicting standards continues to slow progress. Nevertheless, there are signs that standards bodies and alliances are beginning to engage to overcome these hurdles.

According to Juniper Research, the IoT “represents the combination of devices and software systems, connected via the Internet, that produce, receive and analyse data.

These systems must have the aim of transcending traditional siloed ecosystems of electronic information in order to improve quality of life, efficiency, create value and reduce cost.”

The research notes that the IoT, therefore, is as effective as the sum of its parts.

Mere connections create data; however, this does not become information until it is gathered, analysed and understood.

The analytics back-end systems of the IoT will therefore form the backbone of its long-term success.

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags Internet of ThingsCloudJuniper Research

Featured

Slideshows

Examining the changing job scene in the Kiwi channel

Examining the changing job scene in the Kiwi channel

Typically, the New Year brings new opportunities for personnel within the Kiwi channel. 2017 started no differently, with a host of appointments, departures and reshuffles across vendor, distributor and reseller businesses. As a result, the job scene across New Zealand has changed - here’s a run down of who is working where in the year ahead…

Examining the changing job scene in the Kiwi channel
​What are the top 10 tech trends for New Zealand in 2017?

​What are the top 10 tech trends for New Zealand in 2017?

Digital Transformation (DX) has been a critical topic for business over the last few years and IDC is now predicting a step change as DX reaches macroeconomic levels. By 2020 a DX economy will emerge and it will become the core of what New Zealand industries focus on. From the board level through to the C-Suite, Kiwi organisations must be prepared to think and act digital when the DX economy emerges in 2017.

​What are the top 10 tech trends for New Zealand in 2017?
Top 15 Kiwi tech storylines to follow in 2017

Top 15 Kiwi tech storylines to follow in 2017

​The New Year brings the usual new round of humdrum technology predictions, glaringly general, unashamedly safe and perpetually predictable. But while the industry no longer sees value in “cloud is now the norm” type projections, value can be found in following developments of the year previous, analysing behaviours and patterns to formulate a plan for the 12 months ahead. Consequently, here’s the top Kiwi tech storylines to follow in 2017...

Top 15 Kiwi tech storylines to follow in 2017
Show Comments