By 2020, there will be an estimated 50 billion devices connected to the internet, from trash cans to cars, lighting to refrigerators. The internet of things offers a huge revenue opportunity across the digital ecosystem and IDC suggests that the IoT market revenue will be $7.1 trillion, while McKinsey predicts an annual $11.1 trillion in economic value by 2025. The problem facing IOE has always been, how do we monetise it?
Monetizing IoE InFocus will address that very issue and will look at how businesses can quickly identify revenue-generating opportunities and execute on them. It will also look at how to reduce risk and overcome barriers to investment.