What is the potential for IoT to transform business?
Almost limitless. We will not be able to do everything at once and take advantage of everything possible, but the impact will be felt across every industry. Every customer I talk to is looking for ways to use new technology to be more than cost-efficient.
Ten years ago that was the game, but it is not so important now. People need to transform the way they interact with their customers. Many organizations want to interact with their customers’ customer, so we see a more sophisticated business network evolving.
“We will see the word device having a much more vague definition.”
David Chalmers, Vice President and Group Chief Technologist EMEA, HP Enterprise
How will IoT data be managed?
There is an explosion in the number and sophistication of devices that create data. Everything from technology that will go into the clothing we wear, packaging around the food we buy, and pharmaceuticals we consume. Traditionally, you create data from a personal device, move it to a center where it is stored, secured and analyzed so that you can take action from that information. We cannot do that in the world of IoT. We have to take the processing to the data
