Your guide to the Internet of Things

The IoT could generate up to $12.6 trillion by 2030 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   New from McKinsey & Company How to capture value from the IoT If you have a fitness tracker or a smart thermostat in your digital cart this Cyber Monday, you might already be familiar with the Internet of Things (IoT). But you might not know that the IoT could have profound implications for both society and the economy: by 2030, the IoT could enable between $5.5 trillion and $12.6 trillion in value globally. Capturing this value, however, depends largely on establishing interoperability and easing cybersecurity concerns. Explore a new special collection, or dive deeper on key topics to understand: the steps taken by companies that have succeeded in deploying IoT at scale why it makes sense for companies to start small when adopting IoT how organizations and their employees can benefit from always-connected work tools why manufacturers should take a holistic approach to the Industrial IoT Read more 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. Bring together the digital and physical worlds   Laying the foundation to accelerate the enterprise IoT journey Wienke Giezeman is building and serving an IoT ecosystem by offering open-source tools and a "workbench" on which to build solutions. Make things happen   Reliably connecting the workforce of the future (which is now) The pandemic magnified existing trends and challenges affecting the way workers function. Always-on, cellular-connected devices may now finally break out of their niche. Consider the paths   A manufacturer's guide to scaling Industrial IoT By integrating the business, the organization, and technology, manufacturing leaders can position their organizations to reap the full benefits of Industrial IoT. Dive deeper   Industry's fast-mover advantage: Enterprise value from digital factories Manufacturing's leaders in applying Fourth Industrial Revolution (4IR) digital technologies are building on their head start—generating even more value across the entire enterprise. Scale up quickly   The 5G era: New horizons for advanced-electronics and industrial companies New strategies can help companies profit from 5G over the short and long term. Here's how. Understand the market   The case for committing to greener telecom networks Operators' energy costs keep rising, but efficiency measures and organizational change can lower them by 15 to 20 percent in a year, benefiting company profits and the environment. Get ready   Connected world: An evolution in connectivity beyond the 5G revolution Connectivity is undergoing evolutionary change in most parts of the world—and, in select areas, a genuine leap into the frontier. Build momentum   Digital ecosystems for insurers: Opportunities through the Internet of Things The Internet of Things has entered customers' everyday lives around the globe and transformed business models across industries. This environment brings opportunities for insurers: to develop new products, open new distribution channels, and extend their role to include prediction, prevention, and assistance. Seize the opportunities   To see more essential reading on topics that matter, visit McKinsey Themes. — Curated by Eleni Kostopoulos, a digital publishing manager in New York Follow our thinking McKinsey Insights - Get our latest thinking on your iPhone, iPad, or Android Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to our High Tech, Telecoms & Internet alert list. Manage subscriptions | Unsubscribe Copyright © 2021 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007