Looking at some of the wider concepts of the internet of things (IoT), one of Intel’s leading authorities in the rapidly-advancing field asks: Is it a revolution, or just an evolution?
When we’re talking about whether something is an evolution or a revolution, we are looking at how much of a leap has been made from one technological revolution to the next.
When looking at just the last 50 years, there have been two defined revolutionary periods in industry and technology, the first occurring in the 1960s with the beginning of the automation of industry to increase production.
Then, beginning in the 1990s, we began to see the spread of an offshoot military communications technology called the internet, which led to global industrial optimisation, which allowed for increased design and demand for goods available from anywhere on the planet.
So now, as we enter the IoT age, when an increasing number of gadgets in your home have connectivity online, can we consider this a third revolution?
By reading reports from market analysts and talking to those working within the area of IoT, the figures are certainly startling.
Last year, a report from the World Economic Forum (WEF) said that it believes that, by 2020, the entire industrial IoT market would be worth close to $14.3trn, which is certainly not something to sniff at.
So, to help explain it more, here is Intel’s senior IoT solutions architect, Paweł Ostropolski, animated by the talented folks over at Think Visual.
Evolution in technology image via Shutterstock