One of the clearest examples of this convergence is the Internet of Things (IoT). It illustrates how digital technology has the power to go beyond solving problems of convenience to solve problems of consequence, empowering our planet to be better, smarter and faster.
There are about 6.4 billion connected things in existence today – not including smartphones, computers or tablets — all of which produce data. It is estimated that this number will reach 20.8 billion by 2020. At its fullest, IoT has the potential to create a world that always works – one that is more productive and runs more efficiently and safely.
But there are five key challenges technology must solve in order to capitalize on this opportunity:
- Retrofitting Machines
- Leveraging Distributed Computing
- Predicting Uncommon Failures
- Keeping Connected Machines Secure
- Leveraging the Strengths of Humans and Machines
Technology has long solved problems of convenience — but in order to create a world that always works, it must solve problems of consequence. To learn more about how we can conquer these challenges, download our latest report.
Explore the top five challenges we must solve: