LIMITLESS OPPORTUNITIES IN A CONNECTED WORLD

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Updated : October 29, 2014 0:0  ,
By Editor

IoT is forecast to reach 26 billion installed units by 2020, creating a significant impact on supply chain operators in the industry.

Over the next few years there will be an explosion in the number of intelligent devices. This according to Gartner, who has predicted a 30-fold increase in Internet-connected physical devices by 2020. In addition, the Internet of Things (IoT) is forecast to reach 26 billion installed units by 2020, up from 0.9 billion just five years ago. The trend, evident of a more connected era, will create a significant impact on supply chain operators in the industry.

“What we are seeing is the convergence of forces such as mobile apps and applications and over the next few years these areas will drive significant change in our industry,” said Niels van der Valk, vice president of EMEA sales and marketing at Eye-Fi, global market leader in wireless SD memory cards. “The mobility landscape has been made much more competitive and complex by the proliferation of smartphones and innovation in connected technology. Eye-Fi is looking at mobile and connected devices as strategic imperatives in order for businesses to remain competitive, improve efficiency, increase ROI and drive results.”

Eye-Fi provides a memory card that turns standard cameras into connected devices enabling photos and videos to be transferred wirelessly to a mobile device for immediate upload on social media and email. The company is strategically looking at this trend and its potential for business.

“As a supply chain operator the next few years are vital for us, considering emerging trends in Wi-Fi standards. Gartner has predicted that over the next three years, demand on Wi-Fi infrastructure will increase as more Wi-Fi enabled devices appear on the market and as a result the opportunities enabled by these new standards will be limitless,” continued van der Valk.