http://ca.cit.com/middle-market/common-interests/Internet-of-things-facts/index.htm. UTILITIES & GREEN ... Streamlin
How IoT is Shaping the Future of Customer Experience IOT FAST FACTS It started 16 years ago: Kevin Ashton coined the term IoT in 1999
There's room to grow:
Only .06% of the things that could be connected are - that's only 10 billion out of the 1.5 trillion things that exist in the world!
Human factor:
VS.
In 2008 the number of things connected exceeded the number of humans on the planet.
By the year 2020: There will be more than 50 billion connected "things".
The IoT market is expected to grow to $1.7 trillion.
THE FUTURE IS HERE There are around 10 billion things connected currently across the globe
A whopping 94% of all businesses have seen a return on their IoT investments
The global market for wearable devices has grown 223% in 2015
IOT DOESN'T HAVE TO BE COMPLICATED The cost of hardware components (sensors/beacons) is falling Most businesses already have the basic tools in place to get started Big Data in the Cloud is providing the necessary flexibility and scalability Microsoft is making IoT easier than ever with the launch of their Azure IoT Suite
THE VALUE OF IOT FOR CUSTOMER EXPERIENCE
RETAIL Drive omnichannel experiences Optimize store layouts Automate checkout process Create custom offers for cross-sell/up-sell opportunities
UTILITIES & GREEN ENERGY
Meet rising demands with smart grid technology Lower costs with smart metering Streamline service through augmented reality & asset monitoring
LOGISTICS & TRANSPORTATION Speed up delivery process with endto-end visibility Smart machines improve efficiency and accuracy Lower shipping costs and improve last-mile delivery
