Digital integration is rapidly interconnecting machines, industrial plant and products of every conceivable kind to create the Internet of Things. For companies, the IoT is an opportunity to realize new business models, optimize internal processes and achieve major cost savings. This year's CeBIT will take a look at current and emerging IoT applications with a line-up of showcases by big-name players, exclusive previews of the latest research and a host of top-notch in-show events.
Hannover. Intelligent Internet-powered integration is catapulting entire sectors of the economy into a new, digitally enhanced era populated with innovations like real-time positioning in logistics, machine-to-machine communication across national borders, electric, self-driving taxis and smart buildings, to name but a few. A recently published study by the market research and consulting firm IDS predicts that by 2020 there will be as many as 30 billion machines and other physical products hooked up to the Internet. By then, the density of Web-connected devices in Germany alone will, according to IT giant CISCO, average ten per head of population. Welcome to the Internet of Things.
The opportunities awaiting companies prescient enough to adopt IoT in their organizations are immense, ranging from process optimization and added value for existing products right though to access to new markets. As it happens, German companies have so far shown themselves to be somewhat restrained in their enthusiasm for IoT-based innovation, with two out of every three firms reporting that they have yet to get an IoT pilot project up and running.
CeBIT presents IoT solutions for all industries It's probably fair to say that, when it comes to the Internet of Things, many companies are still looking for the right strategy. And that, precisely, is why CeBIT's extensive and multidisciplinary array of IoT solutions is matched by a wealth of opportunities to make valuable contacts with potential partners and customers. The show's home base for IoT-minded trade visitors is Hall 12 with its large-scale M2M/IoT Pavilion, where Italian-based global technology provider Eurotech is partnering with organizations like the OSGi Alliance, Red Hat and Oneserve to present trailblazing IoT solutions for a wide range of industries. The solutions on show are based on open industrial standards and are geared towards delivering long-term process improvement and realizing new business models. German...