Soon, up to a trillion computing devices will be embedded in everything from toasters, lightbulbs and bicycles to factory tools will converging into a vast global network that will fuel exponential change in business model innovation. The physical world is becoming smart and becoming connected, creating a new generation of ambient computing.
Don Tapscott explains the drivers behind the Internet of things and outlines 9 areas of opportunity.
- Intelligent Buildings
- Interactive Marketing
- Intelligent Traffic Management Systems
- Home Automation
- Waste Management Systems
- Healthcare
- Energy Management
- Smart Water Systems and Meters
- Industrial Applications
He also discusses how four principles of the open world need to be applied to the evolution of the Internet of Things for it to achieve its objectives.