Remember back before the smartphone era when a cell phone simply made phone calls and the Internet was something only a few of us had access to? This year marks the 25th anniversary of the Internet, from dial-up modems to Google fiber, the Internet has come a long way.
For the first several years of the Internet, forward-thinking companies pioneered cyberspace by creating rudimentary (by today’s standards) HTML web pages. Although slow, Internet connectivity captured the imagination of individuals and businesses alike, providing a lucrative outlet for entrepreneurs during the dot-com boom of the mid-90s.
But that growth pales in comparison to the expected growth of the Internet as we enter the age of the Internet of Things. The past 25 years of Internet growth was fueled by human communications. The next 25 years of Internet growth will be fueled by machines.
And these machines are already part of our technology landscape, hinting at a future that is, so far, relegated to science fiction.
The rise of tiny but sophisticated sensors combined with miniaturized wireless communications modules means that almost everything in the landscape (and even things worn on our body) can or will communicate with other devices. For example, right now, many automobiles contain between 60-100 sensors and that number is projected to reach 200 sensors per car by 2020. That adds up to approximately 22 billion sensors just for the automotive industry. Cisco predicts that by 2020 there will be 50 billion things connected to the Internet and generate revenues of $19 trillion dollars. In other words, Cisco believes that the Internet of Things will have up to ten times more impact on society than the Internet already has had.
Think about it. The Internet of Things will eventually become the Internet of Everything, revolutionizing how we administer healthcare, travel in connected and self-driving cars and gain information about every “thing” that surrounds us through virtual data superimposed on real life via augmented reality. Then we’ll need efficient and intelligent ways to transmit, store, secure and interpret all of this data. Energy harvesting technology that collects energy from ambient sources such as sound waves or motion means autonomy from batteries – often a limiting factor in remote locations.
So, how will all of these technologies and their convergences find their way to consumers? Global manufacturing partners. We build the devices that power the world for some of the best known brands on the planet. Together, we’ll build the Internet of Everything.