Making Smart Clever – the Market Potential and Growing Significance of the Internet of Things

The market potential of the Internet of Things is almost unlimited. The dizzy sum of 19 trillion US dollars of value creation by 2020 in the public and private sectors was predicted by Cisco in a 2013 white paper. In Germany alone, the potential Value at Stake is $88 billion US dollars. Cisco’s IoE Value Index forecasts 50 billion connected devices by 2020. Intel is even more optimistic and projects 200 billion devices by the year 2020; a more than 13-fold increase in just five years.

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