Latest News  

IDC: More than 7% of Romanian companies already have IoT solutions

About 7% of the Romanian companies have implemented Internet of Things (IoT) solutions, with 21% of the respondents to an IDC survey planning to adopt similar technologies during the next period, said Milan Kalal, program manager IoT, IDC CEMA, during a conference.

2015-11-25 13:02:47 - by Bogdan Tudorache

Romania already has IoT implementations in manufacturing, smart grids, industrial process, production asset management, or home security, said Kalal, quoted by cloudmania.

Tomorrow growing areas are expected for healthcare-hospitals, public transportation, retail, connected cars and entertainment area.

IDC estimates that the total value of IoT market may reach up to 1.7 trillion USD by 2020. John Gole, research director IoT, IDC, says that there are more than 12.8 billion objects connected today to the internet, which "mark the onset of a new, exciting era."

"The internet of things has been transforming not only cities, industries and businesses, but also the way people live," said Gole.

GE is maybe one of the most spectacular example of traditional company transformation in order to act as digital vendor and to offer digital solutions to the customers, writes couldmania. Big part of this transformation process is related to Jeffrey Immelt – Chairman and CEO of GE from September 2001, coined as "the father of the Industrial Internet".

In September 2015, Jeffrey Immelt announced foundation of the new GE Digital division, as main movement in the US industrial conglomerate strategy to compete in the software industry. Managed by Bill Ruh, GE's software chief, the new GE Digital division will provide the best industrial solutions and the software needed to solve real world problems.

GE Digital strategy is based on four main digital drivers: IoT, Intelligent grids, Big Data, and Analytics. In GE Digital vision, the Industrial Internet is taking place through the convergence of the global industrial system with the power of advanced computing, analytics, low-cost sensing and new levels of connectivity afforded by the Internet. It brings together three key elements: brilliant machines, advanced analytics, and people at work. It drives powerful outcomes and affords new possibilities for industry enabling businesses to reach never-seen-before performance levels.

According GE's CEO, "in the next five years GE will be a USD15 billion software business, compared with around USD3 billion in 2011 and around USD6 billion today. Within the next 15 years, digital industrial companies will add USD15 trillion to global GDP."

IoT predictions IDC FutureScape 2015:

By 2020, 90% of all IoT data hosted on Cloud platforms.

By 2020, 90% of all IT networks will have new IoT security policies.

By 2018, 40% of IoT-created data will be stored, processed, analyzed at the networks edges.

By 2017, 90% of datacenter and enterprise systems management will adopt new business models to manage non-traditional infrastructure and BYOD.

Today, over 50% of IoT activity is cantered in manufacturing, transportation, smart city, and consumer applications

In 5 years, all industries will have rolled out IoT initiatives.

By 2018, more than 25% of government spending will focus on Smart Cities.

By 2018, 60% of IT industry solutions will become open-sourced allowing a rush of vertical-driven IoT markets.

In 5 years, 40% of wearables will become consumer mass market alternative to smartphones.
By 2018, 16% of the population will be Millennials, accelerating IoT adoption.
Source: cloudmania.


0 COMMENTS ^ Go back to Top
WRITE A COMMENT ^ Go back to Top
 
Your email address will not be published.
Nickname
Email
Comment
Validation Code
   
 
 
NEWS
Societe Generale European Business Services invests in innovative solutions made by Romanian start-ups

Societe Generale European Business Services, part of the international group Societe Generale, had ended its first corporate accelerator program dedicated to start-ups in Romania – Catalyst 2.0.

 Read Full article »
SAP launches free online courses for teens passionate about technology

SAP announced it has prepared several free online technology courses to be launched this fall for young and teens passionate about technology such as: Teens Get Coding! And Teaching Programming to Young Learner

 Read Full article »
Oracle gains cloud revenues up 51 per cent to 1.5 billion US dollars in new fiscal year's Q1

Oracle Corporation announced fiscal 2018 Q1 results, with total revenues up 7 per cent from the prior year to 9.2 billion US dollars. Cloud plus On-Premise Software Revenues were up 9 per cent to 7.4 billion US

 Read Full article »
Stefanini names Farlei Kothe as vice-president for EMEA

IT solutions developer Stefanini announced the naming of Farlei Kothe as vice-president for EMEA region. The new manager will coordinate the company's software development division from Bucharest.

 Read Full article »
Endava marks 10-year presence in Iasi and plans growth countrywide

British company Endava marks ten-year presence at Iasi, in North-Eastern Romania and also announces the opening of a new office in United Business Center of Palas Iasi compound.

 Read Full article »
Portland Trust celebrates 20-year anniversary with start of last phase of Oregon Park, Bucharest

The central European property developer Portland Trust and US based Ares Management are embarking on the final phase of Oregon Park, their new office park in Bucharest. This event coincides with the company 20

 Read Full article »
WBE: Which EU country is most at risk of cybercrime?

Computer users in South Eastern Europe may want to review their digital security after new research revealed they are the most vulnerable to cyber crime, a press release of Website Builder Expert (WBE) states.

 Read Full article »
GE opens new software center in Bucharest, looks for highly skilled IT specialists

GE announced that it speeds up growth for its software and digital resources in Romania and kicks off the recruitment campaign for GE Power's Grid Software Solutions (SWS) center in Bucharest.

 Read Full article »
DB Global Technology creates new technology hub, digital workplace floor and event venue

DB Global Technology S.R.L. (DBGT), Deutsche Bank's technology centre in Bucharest, has inau-gurated a new research and development hub, a digital workplace floor and a state-of-the-art event venue, according t

 Read Full article »
HIpark, a new office project of 21.000 sqm of 39 million Euro launches in Iasi

Ropharma announces the launch of a new mixed use project of offices and residential, with a full range of services and retail space, the estimated investment being amount to approximate-ly 39 million Euro.

 Read Full article »
 
MOST RECENT VIDEO
 
 
MOST READ ARTICLES
» GE opens new software center in Buchar...
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» HIpark, a new office project of 21.000...
» DB Global Technology creates new techn...
» Stay updated on People in Shared Serv...
» Molson Coors started to grow its busin...
» Endava opens fintech hub and doubles n...
» Genpact's COO: Staying ahead of the cu...
» Capgemini to develop, deploy, and main...
» TELUS International Europe: The conver...
 
EDITOR CHOICE
TELUS International Europe: How big banks and fintechs are working together to innovate the customer experience

Comparing financial technology (fintech) companies to legacy financial institutions can invoke an image of David and Goliath. Fintech firms may be small, particularly when compared to the established titans of

 Read Full article »
Wipro launches automotive center of excellence in Romania

Wipro Limited, global information technology, consulting and business process services company, announced the launch of an Automotive Center of Excellence (CoE) in Timisoara, Romania. This CoE will help Wipro d

 Read Full article »
TELUS International Europe: The convergence of customer service and digital marketing/NewGen technologies: What does it mean for businesses?

Technology shapes the way we educate, communicate, conduct business and advance science, all while maintaining significant influence on the global economy. But the way we engage with technology is changing

 Read Full article »
Stay updated on People in Shared Services and Outsourcing Forum, October 19

Outsourcing Today organizes the third edition of People in Shared Services and Outsourcing Forum, on October 19, 2017 in Bucharest at Caro Hotel.

 Read Full article »
Preparing for the new future

Business shared services in Romania is by nature a flexible, mobile and diverse community and in this context, local markets develop their own particularities to address the global changes, to adjust to new dem

 Read Full article »
Latest News  
 
about us | newsletter | contact | members area
Copyright © 2015 by Diplomat Media Events Design by Diplomat Media Events