The Internet of Things will change the ways we live, work and play.
By 2020, there will be 50 billion “things” connected to the Internet. And according to Bell Pottinger Digital, businesses will spend more than $40 billion designing, implementing and operating this “Internet of Things” in 2015 alone.
The Internet of Things includes everything from high-tech consumer wearables such as the FitBit to home automation tools like the Nest thermostat. It encompasses monitoring tools for mining equipment and apps that help consumers monitor their appliances.
Several Milwaukee companies, from technology startups to manufacturing titans, have tied their products to the burgeoning Internet of Things and will play a role in the global advancement of the concept, which connects devices to make the things in our environment “smarter.”
Notifying a Chinese consumer of a fault in his water heater or alerting an American child that her mother is having a medical emergency are among the innovations made possible by Milwaukee companies using the Internet of Things.