Plant Management
Simon Kampa outlines the vast potential of the Internet of Things – and explains how his firm plans to capitalise on it
ALL things to all men T
he CEO of IBM, Thomas Watson, once predicted, “I think there is a world market for maybe fi ve
computers.” We’ve come a long way since that ill-fated comment and the next revolution (the next Industrial Revolution, according to Forbes) is said to be the Internet of Things (IoT) – with Cisco predicting upwards of 50 billion devices and computers by 2020. That’s seven times more ‘smart things’ than there are people on the planet!
No doubt you’ve heard of the IoT – it seems hard to miss these days. In short, it won’t just be computers
and mobiles that are connected, but offi ce lights, industrial machines, cars, agricultural fi elds and local buses. Literally, anything and everything. And that’s not omitting the explosion in ‘wearables’ such as smartwatches and various health gadgets.
The IoT will make new data available in ways we couldn’t previously imagine. It will spur new markets and connect existing markets that previously had little overlap, further driving the need for applications that can make sense of the available data to extract meaningful results. Automating this
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