Internet of Things

The next phase is the so called Internet of Things (IoT) will increase the volume of data, with billions of devices already connected to the Internet and across consumer, public sector and business to business the number is rapidly expanding. IoT use cases are proliferating. "The Internet Of Things Is Creating A New Growth Opportunity."

According to estimates from Morgan Stanley and Cisco -

By 2020 the number of Internet-connected devices will top 50 billion.

Devices connected to the Internet of Things

Billions of connected devices

Devices connected to the Internet of Things Billions of connected devices

You can expect increased innovation in areas such as health care -  working across items such as personal devices, connected instruments, implants and diagnostics.

Rapid growth of Internet of Things will add economic value - Gartner

By 2020, component costs will have declined to the point that connectivity becomes a standard feature, even for processors costing less than $1. This will raise the possibility of connecting just about anything, from the very simple to the very complex, to offer remote control, monitoring and sensing.