$13 Trillion opportunity by 2035 & only 13% of the world population is aware of it!
What could be the reason for this unawareness? Is this an academic topic? Is it of interest to Techies and Engineers only? or Has it still not touched the life of an average consumer? Whether we know about it or not; sooner or later each one of us is going to experience change in our lives & #IoT would be the primary driver to this change.
Let’s try to simplify and understand what Internet of Things / Industry 4.0 or #IoT really means to an average consumer?
Dr. John Barrett shared his simplified version @ TEDx:
“Internet of Things =
TICS ( Things + Identity + Communication + Senses )”.
Well that didn’t sound too technical, in-fact it did sound like an enormous of opportunity to be uncovered by new age startups and entrepreneurs.