Billions, Trillions and the Internet of ThingsSo.......after the posting of the 3 figure prediction, and the requisite idiotic inbox responses.
I though about throwing more numbers at you, these being to further the cash flow argument, and may help give more perspective to an already run away train of potentiate numbers
In my constant digging at the soft underbelly of the net, I find things that help me to put the clues together, and satisfy my ideas of this asset becoming all world. This brings me to the internet of things.
The Internet of Things (IoT, also Cloud of Things or CoT) refers to the interconnection of uniquely identifiable embedded computing like devices within the existing Internet infrastructure. Typically, IoT is expected to offer advanced connectivity of devices, systems, and services that goes beyond machine-to-machine communications (M2M) and covers a variety of protocols, domains, and applications.[1] The interconnection of these embedded devices (including smart objects), is expected to usher in automation in nearly all fields, while also enabling advanced applications like a Smart Grid.[2]
Things, in the IoT, can refer to a wide variety of devices such as heart monitoring implants, biochip transponders on farm animals, automobiles with built-in sensors, or field operation devices that assist fire-fighters in search and rescue.[3] Current market examples include smart thermostats such as the nest and washer/dryers that utilize wifi for remote monitoring.
Due to the ubiquitous nature of connected objects in the IoT, an unprecedented number of devices are expected to be connected to the Internet. According to Gartner, there will be nearly 26 billion devices on the Internet of Things by 2020.[4]ABI Research estimates that more than 30 billion devices will be wirelessly connected to the Internet of Things (Internet of Everything) by 2020.[5] Per a recent survey and study done by Pew Research Internet Project, a large majority of the technology experts and engaged Internet users who responded—83 percent—agreed with the notion that the Internet/Cloud of Things and embedded and wearable computing will have widespread and beneficial effects by 2025.[6] It is, as such, clear that the IoT will consist of a very large number of devices being connected to the Internet.
How does this affect-effect POET......quite simply.....more space, more computing power, less energy consumption to name a few advantages. The things mentioned in the internet of things all have computing requirements...vis a vis a chip to run them.....or two or three.....or more.
IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or "things," that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:
- IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.
- The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already "understand" IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.
- IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.
- IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.
Interesting, is the fact that with a year or so of decent market penetration, more and more (including ones previously non factored) vertical markets will become (or request) available to us. How much and how many are the requsite questions for this near future global juggernaut.
Ones things for sure, like air, water and fire.......``everyones`` gonna need us.
Have a real close read at the article below.....especially that 20 billion cell phone remark....(and dont get all worked up about the chip that maximizes battery life effciency-because ours actually uses 80% less power)
In this week's Barron's cover story, Tiernan Ray tackles one of tech's biggest buzz phrases: the "Internet of Things."
Ray notes, however, that the wearable devices and "supposedly smart watches" that have so far emerged from this new category of technology have underwhelmed. But these tepid early results do not mean companies have stopped — or will stop — trying to make wearable, connected devices.
As a result, there are a number of companies ready to benefit from this continued push.
Ray notes that computer chip makers like Texas Instruments and Atmel could benefit from a comeback in the Internet of Things after losing the battle for smartphones.
Chip makers OmniVision and InvenSense, however, could be set for a real boom in a wearable revolution.
Ray notes that Amazon's Fire phone already includes four OmniVision chips, and cites a source close to the company that says, "OmniVision sells 900 million units a year, but what if they get to 20 billion units?"
InvenSense, which Ray notes makes accelerometers, could benefit from wearable fitness devices that track your movement while cycling or playing tennis, for example.
With all of these chips being added to devices, however, battery life is a concern, which is where Ray says QuickLogic's technology comes in. Ray writes that QuickLogic's, "programmable chips can be designed and manufactured and then modified numerous times for use in difference devices," allowing them to be used to maximize battery-life efficiency.
And as chips go in more and more places, NXP Semiconductors, which already provides sensor hub technology inside Apple's iPhone 5S, as well as hearing aids and passports, is well-positioned
Read more: https://www.businessinsider.com/barrons-cover-story-internet-of-things-2014-7#ixzz38gP4VgYF