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Internet of things and its future

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  • van den Dam, Rob

Abstract

IBM Internet of Things (IoT) research focuses on three components to address the multiple challenges of a scalable, secure and efficient IoT: Technology strategy, business and economic insights, and product and user experience design. By merging these three streams of research, IBM developed a tangible vision of the connected future and findings that can guide executives in making strategic IoT decisions and investments. As the IoT scales exponentially, decentralized networks have the potential to reduce infrastructure and maintenance costs to manufacturers. Decentralization also promise increased robustness by removing single points of failure that could exists in traditional centralized networks. By shifting the power in the network from the center to the edges, devices gain greater autonomy and can become points of transactions and economic value creation for owners and users.

Suggested Citation

  • van den Dam, Rob, 2015. "Internet of things and its future," 2015 Regional ITS Conference, Los Angeles 2015 146311, International Telecommunications Society (ITS).
    • Handle: RePEc:zbw:itsr15:146311
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    Keywords

    Internet of Things; ecosystems; Economy of Thing; big data; security;
    All these keywords.

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