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Writer's pictureVolkmar Kunerth

Introduction into the Internet of Things (IoT)

  • Technologies and platforms enabling IoT

  • IoT Solutions – Building Blocks

  • IoT Implantation - Timeline

  • IoT Strategy

  • IoT Landscape

  • IoT Implementation Plan

  • Value of IoT Programs - Value Drivers

  • Security and Compliance in IoT

  • Economic IoT Framework

  • Financial Benchmarks

  • Predictive Maintenance

  • Demand Forecasting & Inventory Management

  • Product Development

  • Could Based Infrastructure


The Internet of Things (IoT) has many implications for how people will live now and in the future. New business models are emerging in almost every sector of the economy. These range from tracking goods and animals in the food industry to predictive maintenance of transportation systems like trains and planes.



For now, commercial and technical motivations are paramount, but the implications the Internet of Things will have profound changes on business models, the national economy and society.


The Internet of Things (IoT) has the technical transformational power to change our world. While we are only beginning to understand how its impact will unfold, we are only at the beginning of the journey.


Connected devices can reduce costs and increase efficiency in production and manufacturing. They promise not only more effective management, but also smarter work.


Through the Internet of Things, systems can function better without human intervention, and organize predictive maintenance, without our intervention.


Soon, every device we own - and nearly every product we use - will be connected to the Internet. Whether it's a cell phone, wearable devices or everyday household items, the Internet of Things (IoT) connects us in ways we struggle to grasp.


Gartner Research estimates there will be 25 billion connected things by 2020: smart cars, smoke detectors, door locks, industrial robots, streetlights, heart monitors, trains, wind turbines, even tennis rackets and toasters.


The IoT market - which includes hardware, software, systems integration, and data and telecommunications services - is expected to grow to $520 billion by 2021. This represents an increase of more than 100 percent from the $235 billion in sales in 2017.





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