The document discusses the opportunities and risks in the Internet of Things (IoT). It argues that IoT adoption has been slow due to incorrect assumptions about creating value through individual connected devices rather than integrated systems. To succeed, the IoT needs to focus on better functionality, providing big returns through efficiency gains, and simple integration without any one company controlling the ecosystem. Current business models also need to embrace open-source approaches and peer-to-peer networking to achieve sustainable long-term value from connected devices and systems.
2. The Next 10 Billion: Risks & Opportunities In
The Internet of Things
Paul Brody
Vice President & Global Industry Leader, Electronics
IBM Global Business Services
Wednesday, October 23, 13
39. The Next 10 Billion: Risks & Opportunities In
The Internet of Things
Paul Brody
Vice President & Global Industry Leader, Electronics
IBM Global Business Services
Wednesday, October 23, 13