The Internet of Things: Catching up to an accelerating opportunity

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Do you wear a fitness tracker, or does a smart thermostat help keep your home at just the right temperature? Then you’re already part of the Internet of Things, where the digital and physical worlds converge. While the economic value IoT could unlock is already large, it’s still growing—by 2030, it could enable $5.5 trillion to $12.6 trillion in value globally. But that’s not to say businesses and consumers are reaping the full potential. Explore a summary of the new report, and read the full 90-page paper for free, to get up to speed on the dynamics and how to scale the IoT.
— Torea Frey, managing editor, Seattle
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IoT value set to accelerate through 2030: Where and how to capture it
New research shows that the Internet of Things offers significant economic value potential, particularly in standardized production settings, but companies must achieve scale to capture it.
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“Five years from now, we will see ships that are running on new kinds of zero-carbon fuels, ships that are running on methanol. This is already possible. We will not be at scale in five years, but we should see the supply chain enabled to actually demonstrate that ships can run on these new fuel and energy sources.”
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