Sensors and IoT: Sensor investments are an early indicator of the Internet of Thing’s progress

[paulbates]

PwC provides this interesting check point on IoT. Energy, Power & Utilities and Automotive are leading sensor integration, the brief breaks it out

 

Sensor Technology and the Future of the Internet of Things

The Internet of Things (IoT) is transforming the everyday physical objects that surround us into an ecosystem of information that will enrich our lives. From refrigerators to parking spaces to houses, the IoT is bringing billions of things into the digital fold.

 

The Internet of Things wouldn't be possible without sensors. Sensors detect and capture changes in motion, temperature, light, etc. and they are necessary to turn billions of objects into data-generating “things” that can receive and send information. Because sensor endpoints fundamentally enable the Internet of Things, sensor investments are an early indicator of the IoT’s progress.

Data from our 6th Annual Digital IQ Survey of nearly 1,500 business and technology executives show that the Internet of Things movement is underway.

• 20% of companies are investing in sensors, up from 17% last year.
• 25% of Top Performers* are investing in sensors compared to 18% last year.
• 54% of Top Performers will invest more in sensors this year.

The topic brief discusses why the Internet of Things matters to consumers and businesses and how different industries are investing in sensors.

Download the complete  Sensors and the Internet of Things topic brief here

* Top Performers are survey respondents whose companies are in the top quartile for revenue growth, profitability, and innovation.

[Michel Kohanim]

Hi Paul,

 

Very interesting!

 

With kind regards,

Michel