The impact of industrial Internet of Things on the industry

If artificial intelligence promoted the fourth industrial revolution, then the Industrial Internet of Things must be one of the leaders of this revolution. Recently, a foreign survey showed that the Industrial Internet of Things has begun to have an impact on the industry.

The impact of industrial Internet of Things on the industry

Want to make money, find the object

The survey, initiated by business process and IT services company GenPact, conducted a survey of 172 executives in the manufacturing, mining, industrial and automotive industries. These executives generally believe that the Internet of Things will be the key to the success of their respective businesses. But at the same time? There are still some big problems in the Internet of Things.

Internet of Things is the key to all industries

According to the survey, 81% of executives believe that the successful application of IoT technology is the key to determining the company's future development ceiling. Interestingly, 96% of executives with annual revenues of more than $1 billion recognize the use of the Industrial Internet of Things as the company's focus; the percentage of corporate executives with annual revenues of less than $1 billion is 76%.

60% of executives said that the Internet of Things is bringing business growth to their businesses. 51% of executives said that the Internet of Things has had an impact on their business model and created a new business model.

IoT security is a headache

At the same time, the main concerns of executives are focused on IoT data security. 37% of respondents think this is a very difficult problem. 34% of respondents said that issues such as IoT technology, system operation and employee skills are major challenges they face in practical applications.

The Internet of Things opens up new influences

The revolutionary storm brought about by the Internet of Things is rapidly accelerating, and its impact on our lives, work, tourism, entertainment and other aspects is also increasing. The comprehensive connection driven by the Internet of Things has made the relationship between consumers, enterprises and the government more closely related, and the management and control capabilities have also increased.

The magic of the Internet of Things

So what kind of magic does the Internet of Things have? Imagine it, like a "smart mirror", you can face it when you change clothes. The sensor on this mirror can detect subtle changes in your body, confirming where you need to modify and which parts need to be replaced.

Intelligent agriculture

GPS-guided agricultural equipment is also being developed to help plant, fertilize, and harvest at the right time. Fitness tracking equipment has now begun to fully enter the consumer market, helping users to understand their health at all times, and can transmit relevant data to doctors through remote connections to help healthy living.

Internet of Things develops life

All this change is not magic, but from the arrival of the "fourth industrial revolution." The changes brought about by this industrial revolution are not weaker than the previous ones, or even stronger. He also opened up new markets and created new opportunities for companies and society. The only problem now is how to speed up the IoT process.

Internet of Things will become a huge market

By studying the development trend of the Internet of Things, it is found that all opportunities in the implementation of the Internet of Things will come in the next 20 years. The changes will cover all walks of life, and each relatively independent economy will reach a new one. In the grafting mode, the trend of demarcation will intensify.

No less than the Internet market

According to experts' prediction, the Internet of Things industry will have a qualitative leap in 2020. With the current development trend, the Internet of Things market will grow from 10 billion to 34 billion. Among them, IoT devices will occupy about 24 billion US dollars, while traditional computing devices, such as smart phones, tablets, smart watches, etc. will account for about 10 billion.

Smart city drives the birth of a large market

On this basis, the Internet of Things solution is expected to grow to 6 trillion global market in the next five years. More and more companies will adopt IoT solutions at various levels to help companies reduce operating costs, increase productivity, expand new markets, and develop new products.

In addition, the government will become the second largest user group of the Internet of Things, consumers will use more derivatives of the Internet of Things than direct users. The Internet of Things will also grow into an interconnected product like the Internet, simplifying complex infrastructure into a single ecosystem.

The Internet of Things solution market will exceed 6 trillion

The adaptability of the Internet of Things will also increase, regardless of the network, 3G/4G/5G, ZigBee, Z-wave, Sigfox, WiFi or Ethernet, can adapt to it. And its analysis system will also use more advanced data analysis products such as cloud computing.

The point that cannot be ignored is still the security issue. If the Internet of Things develops into such a huge thing, the security issue will certainly be comparable to today's Internet security. How to solve this problem by then may also develop a series of related derivative areas.

Industry 4.0 becomes social N.0

Industrial Internet of Things may be an industrial revolution, but every industrial revolution brings about a revolution in human life. Industry 4.0 will be the first edition of human life?

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