Connect Summer 2015 - Hudson Valley | Page 9

> An individual ’ s patterns quickly create more data than we initially knew what to do with . Now , objects — interconnected through networks — create even more massive amounts of data , with dramatic benefits to an enterprise .
50 BILLION
DEVICES
CONNECTED DEVICES
25 BILLION
$ 1.9 TRILLION
in total value to the global economy by 2020
12.5 BILLION
2014 2015 2016

$ 9,000,000,000,000

The International Data Corporation ( IDC ) estimates that devices connected to the Internet will generate nearly $ 9 trillion in annual sales by 2020 .

61 %

Which industries are early adopters ?
13 % Medical device / pharmaceuticals 18 % Industrial manufacturing
15 % Aerospace & defense
17 % Telecom / high tech
17 % Automotive
17 % Consumer & Industrial electronics executives believe that integrating IoT into the main business is necessary to remain competitive
executives indicated their companies were exploring or adopting some form of IoT solution

75 %

Enterprises , not individuals , are driving the most effective applications of the IoT . Enterprises are buying and using tens or even hundreds of millions of objects to support major industries . Smart meters , smart grids , smart homes , smart cities , and smart highways are just some examples . Factories , mHealth , security , retail , shared transportation solutions ( such as car and bike rentals ), and resource industries can all benefit , too .
http :// blogs . cisco . com / datacenter / what-you-should-know-about-tech-careers-of-the-future http :// www . deloitte . com /
CONNECT TECHNOLOGY SUMMER 2015 // SNB . COM | 9