The Internet of Things

The Internet of Things is something that is attracting a lot of coverage in the technology and mainstream press.

In essence it describes how real world objects can be connected to the internet. Imagine that, a household boiler connected to the internet. One could command and control the central heating, so you come home, and your house is warm, as 45mins earlier you used the internet via the web or smartphone app to allow the heating to be activated.
[https://www.hivehome.com/]

It’s here all ready.

The ability to bring greater control of everyday items has vast potential

[http://share.cisco.com/internet-of-things.html]

Cisco think this market could be worth US$19 Trillion (that is over 100% of annual GDP) by 2020 (that is less than 6 years away…). Cisco expect that the number of connected devices are to hit 25 Billion by the end of 2015 (that is 14 months away…) and that will balloon to 50 billion by 2020.

The efficiencies that being to control things remotely will bring huge economic benefits to the world.

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