IDC: More than 7% of Romanian companies already have IoT solutions - OUTSOURCING-TODAY.RO
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
Ness Digital Development center in Iasi expands activity, creates new jobs

Ness Digital Engineering, one of the leading global providers of IT services, is consolidating the activities of its center based in Palas Iași, adding two major companies in the field of telecom, media & ente

 Read Full article »
BearingPoint expands its Security Advisory Center of Excellence in Romania

Technology consultancy company BearingPoint announced that it is expanding its Security Advisory Center of Excellence (CoE) in Romania.

 Read Full article »
Connections signs partnership with UiPath, aims 5 mln Euro from robots in 2019

Digital transformation company Connections, operating in Romania, Bulgaria and Serbia, has signed a partnership with UiPath, the Enterprise Robotic Process Automation (RPA) platform with the fastest acquisitio

 Read Full article »
Endava marks IPO and first day of trading on New York Stock Exchange

Endava opened for trading on the New York Stock Exchange (NYSE) under the ticker symbol "DAVA" following its initial public offering.

 Read Full article »
Colliers: Co-working changes Romanian office leasing data

The end of the first semester has brought into light great achievements from regional cities in all real estate segments. Bucharest has also performed well and, according to the real estate consultancy company

 Read Full article »
Atos, closer to acquire Syntel

Atos and Syntel have entered into a definitive merger agreement under which Atos will acquire Syntel for cash consideration of c. 3.4 billion US dollars, 41.0 Us dollars per share, representing apx. 14 per cent

 Read Full article »
Turkey's TotalSoft completes acquisition of Romania's Architected Business Solutions

Turkish-owned software company TotalSoft said on Monday it has completed the acquisition and merger of Romanian business management consultancy group Architected Business Solutions (ABS). The deal was announced

 Read Full article »
SAP and Lufthansa launch world's first "Aviation Blockchain Challenge"

The Lufthansa Innovation Hub and the SAP.iO Foundries program in Berlin launched the "Aviation Blockchain Challenge" to draw attention to the potential of blockchain technology in the aviation industry, uncover

 Read Full article »
Endava specialists put 3-month work in Via Transilvanica platform

The Via Transilvanica online platform, a concept initiated by the Tăşuleasa Social Association, was developed pro-bono by an Endava team in three months. A smartphone application, interactivity and tagging fu

 Read Full article »
ABSL Romania: school as abroad – the enrollments begin at the ABSL Master Program

Association of Business Service Leaders in Romania (ABSL) gives the start of enrollments to the Business Services (MBS) Master Program, one of the few in Romania that is designed on the model of successful inte

 Read Full article »
 
 
MOST READ ARTICLES
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» The Outsourcing industry announces its...
» Committed to growth
» Genpact's COO: Staying ahead of the cu...
» PwC: The competitive advantages of Rom...
» Luxoft expands Asia Pacific presence w...
» Olga Botusan, Stefanini: There is a hu...
» Zitec's digital marketing division reg...
» EXCLUSIVE: ABSL Timisoara - BPO and SS...
» How does leadership look today?
 
EDITOR CHOICE
Synergy of skills

There are over 250.000 employees only in the class A and B office buildings in Bucharest and around one million employees spread around the city. How does the office market cope with the need of companies to ac

 Read Full article »
Risk management in industry 4.0. The risks are new, how is the management?

The ink is not yet dry in terms of GDPR's EU compliance regulations and the last few months have been a very useful exercise for everybody, either vendor, producer or consumer to understand that rigid concepts

 Read Full article »
In the search of the best next available resource, human or not

With the work demand expressed for the "traditional" job openings in ITO, HRO, BPO or SSC, the question formulated by the industry stakeholders points to some concerns regarding the future availability of the s

 Read Full article »
Competing in outsourcing: racing of endurance and skills

As Romania's outsourcing sector is currently estimated to employ more than 100,000 people, a constant evolution in the past years (with 15.000 employees registered in 2007), the local market is a popular nearsh

 Read Full article »
How to become people savvy?

The discussions in the panel of this summer's OT Learning and Development's roundtable underlined the necessity of providing the learning and the knowledge transfer when the necessity occurs, customized and app

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