Welcome!

Related Topics: Containers Expo Blog, Java IoT, Microservices Expo, Linux Containers, Machine Learning , Agile Computing, @CloudExpo, @DXWorldExpo, @ThingsExpo

Containers Expo Blog: Article

IoT: I Don't Care How Big It Is!

We're Working With All the Cool Stuff to Build Our Company

I'm reading a McKinsey report from May 2013 that talks about 12 disruptive technologies, including cloud computing and the Internet of Things (IoT). I'll focus on the IoT here.

The report estimates the IoT Internet to be worth between $2.7 and $6.2 trillion by the year 2025.(The world's combined GDP is about $72 trillion today.) When it comes to the IoT, the report says there could be 50 billion new devices connected to the Internet by 2025, or maybe a trillion. Give or take.

With all due respect, these numbers are nonsense, perhaps, and irrelvant, doubtlessly. It does no one any good to estimate things within a few trillion dollars or a factor of 20X.

We also have no idea what the world will look like politically more than a decade from now. Will the year 2025 harken the beginning of Hillary Clinton's third term as President of the United States? Or perhaps the Cruz/Paul administration's first? Will China be the world's economic collosus, and/or perhaps the world's largest democracy?

Over the past two decades, no one expected the fall of the Soviet Union or the Arab Spring; the dot-com meltdown came as a catastropic shock to many (and removed $7 trillion in wealth), and our favorite uncle Alan Greenspan now admits he had no idea that the Great Recession was looming. We humans are terrible at predicting the future.

But we live with the certainty that technology evolves and has great potential to improve the fate of nations and people. Technology is apolitical, agnostic, and indefatigable in the face of geo-political pettiness and conflict. We all know this. "Learning" that the cloud or IoT might add a trillion here and there, or several trillion, adds no value to any discussion.

McKinsey did its due diligence in rounding up a passel of big names (eg, Eric Schmidt), and it gives the usual, clichéd nod to Schumpeter's idea of creative destruction in touting the 12 disruptions.

Let's Get Specific
But those of us working in the industry need to be a little more specific. The IoT encompasses an enormous range of devices, uses, and industries.

I first led discussions of it at an event in Beijing in 2011. McKinsey, to its credit, issued a nice report sans numbers in 2010. One company tweeted me yesterday that they've been doing IoT stuff since 2007.

OK, got it. The IoT is not a brand-new idea. But it is now gaining big traction. It is already throwing datacenter developers into a tizzy as they grapple with delivering a magnitude more processing in a short time. Industrial design is moving to the fore, not just the province of Apple anymore. Google just bought a company for $3.2 billion, a harbinger of an IoT spring.

The IoT generates Big Data, which in turn is best handled by virtualized resources and Cloud Computing, which in turn are begetting the Software-Defined Networks (SDN) and Software-Defined Datacenter (SDDC). Emerging DevOps culture also fits in here, as a function of the speed required to bring ideas to fruition.

For my part, I spend a lot of my time working within a start-up that aims to deliver personal websites, photos, and video to as many people as possible, worldwide, some day. We virtualize, we use the cloud, and we will be encountering bigger datasets as we encounter mobile devices on our grid, and the telemetry that goes with them.

It's a big development challenge, and one in which we operate in blissful ignorance of whether we're operating within a $1.7 or $6.2 trillion opportunity.

In summary, as a writer and as Conference Chair of @ThingsExpo, I have a simple question: what are you doing? Please let me know!

Contact Me on Twitter

More Stories By Roger Strukhoff

Roger Strukhoff (@IoT2040) is Executive Director of the Tau Institute for Global ICT Research, with offices in Illinois and Manila. He is Conference Chair of @CloudExpo & @ThingsExpo, and Editor of SYS-CON Media's CloudComputing BigData & IoT Journals. He holds a BA from Knox College & conducted MBA studies at CSU-East Bay.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


Latest Stories
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
SYS-CON Events announced today that Silicon India has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Published in Silicon Valley, Silicon India magazine is the premiere platform for CIOs to discuss their innovative enterprise solutions and allows IT vendors to learn about new solutions that can help grow their business.
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
In this presentation, you will learn first hand what works and what doesn't while architecting and deploying OpenStack. Some of the topics will include:- best practices for creating repeatable deployments of OpenStack- multi-site considerations- how to customize OpenStack to integrate with your existing systems and security best practices.
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
You want to start your DevOps journey but where do you begin? Do you say DevOps loudly 5 times while looking in the mirror and it suddenly appears? Do you hire someone? Do you upskill your existing team? Here are some tips to help support your DevOps transformation. Conor Delanbanque has been involved with building & scaling teams in the DevOps space globally. He is the Head of DevOps Practice at MThree Consulting, a global technology consultancy. Conor founded the Future of DevOps Thought Leade...
Everyone wants the rainbow - reduced IT costs, scalability, continuity, flexibility, manageability, and innovation. But in order to get to that collaboration rainbow, you need the cloud! In this presentation, we'll cover three areas: First - the rainbow of benefits from cloud collaboration. There are many different reasons why more and more companies and institutions are moving to the cloud. Benefits include: cost savings (reducing on-prem infrastructure, reducing data center foot print, redu...
Jo Peterson is VP of Cloud Services for Clarify360, a boutique sourcing and benchmarking consultancy focused on transforming technology into business advantage. Clarify360 provides custom, end-to-end solutions from a portfolio of more than 170 suppliers globally. As an engineer, Jo sources net new technology footprints, and is an expert at optimizing and benchmarking existing environments focusing on Cloud Enablement and Optimization. She and her team work with clients on Cloud Discovery, Cloud ...
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
The technologies behind big data and cloud computing are converging quickly, offering businesses new capabilities for fast, easy, wide-ranging access to data. However, to capitalize on the cost-efficiencies and time-to-value opportunities of analytics in the cloud, big data and cloud technologies must be integrated and managed properly. Pythian's Director of Big Data and Data Science, Danil Zburivsky will explore: The main technology components and best practices being deployed to take advantage...
DXWorldEXPO LLC announced today that All in Mobile, a mobile app development company from Poland, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. All In Mobile is a mobile app development company from Poland. Since 2014, they maintain passion for developing mobile applications for enterprises and startups worldwide.
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.