The beginning of another month marks yet another fancy pie chart and statistical information on the era of digital business. Gartner, which reports the percentage on outlook for (new) digital business at their annual Symposium/ITxpo, indicates that by 2020, there will be 7.3 billion personal devices and 30 billion sensors in things ranging from jewellery to appliances – up from 1.6 billion personal devices and 0.9 billion sensors in 2009. This leaves a solid $1.6 Billion economic value-add for IoT .
Speaking exclusively to SA Vibe, Jeffrey Mann, Gartner’s research vice president said; “As the Internet of Things (IoT) and smart objects meet cloud, mobile, social and information, the IoT will create entirely new combinations of technology at accelerated speeds.”
“This will disrupt existing business models, reshape entire industries and redefine the role of IT as the digital business is the coming together of possibilities in the physical and virtual worlds to create new business designs that can drive competitive advantage.” concluded Mann.
Diving a little deeper into the ITxpo Africa, it’ll focus on emerging technologies, defining strategy, what leaderships skills are going to be necessary and readying for the new digital industrial economy.
The Gartner Symposium/ITxpo Africa 2014 will take place at the CTICC from 10-12 September