Defining the IoT
-Dr. Hai Wang, Senior Vice President, Technology & Operations, NXP Semiconductors. At NXP, we believe that we are entering a new era of computing technology that many are calling the Internet of Things (IoT). We see the IoT as billions of smart, connected “things” (a sort of “universal global neural network” in the cloud) that will encompass every aspect of our lives, and its foundation is the intelligence that embedded processing provides. IoT is made up of smart machines interacting and communicating with other machines, objects, environments and infrastructures. As a result, huge volumes of data are being generated, and that data is being processed into useful actions that can “command and control” things to make our lives much easier and safer—and to reduce humanity’s impact on the environment. How would IoT affect people and businesses now and in the future? IoT affects individuals, businesses large and small as well as industries. Today there are an estimated 2.9 billion people online, or 40% of the world’s population. Analysts expect that as nations and technology develop, 50% of the world’s population could be online by 2017. We could see up to 30 billion connected devices in coming years, three times more than today’s 10 billion connected devices. The major impact of IoT will be in consumer and business sectors, security and safety, education and healthcare, as well as in governments and policy shaping. What benefits do NXP Smart Solutions bring to businesses? A critical value that NXP brings is secure connectivity solutions. In fact, NXP is currently the world’s leader in secure connectivity solutions for embedded applications, enabling secure connections and infrastructure for a smarter world. Our solutions work behind the scenes, helping partners in the global ecosystem as they work to are create and deliver complete hardware and software solutions […]