Facts about the Internet of Things (IoT) are clear and have been widely published. The number of IoT sensors will grow to 50 billion by 2020, according to Cisco, and Intel estimates that we’ll have 200 billion Internet-connected things by 2030. Data will be the new sunlight as we create, replicate, and consume 44 zettabytes (or 44 trillion gigabytes) of data by 2030, according to EMC and IDC. And as if all this wasn’t enough, the speed of analytics will intensify thirty-fold by 2030 – with 95% of queries answered in mere milliseconds, according to SAP estimates.
If these trends continue (and they likely will), our lives will soon be powered by ambient computing, where most things, devices, and machines sense the world around us, communicate and analyze data, and more or less, act independently.
Although most organizations still classically store and analyze their data on laptops, smartphones, and data centers inside and outside the cloud, it’s safe to assume that data collection and analytics will eventually move into the periphery as well, at least partly. For example, smart machines – such as those used in connected vehicles – generate a massive amount of data, and we have yet to make most things intelligent.
The opportunity is boundless.
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