The Internet of Things (IoT) is the next evolution of the internet.
It’s where computers and smartphones aren’t the only things connected to the internet.
As part of the IoT evolution, a wide range of standard everyday physical devices will be embedded with technology to enable them to also be connected to the internet.
Every one of these devices, uniquely identifiable, will then be able to communicate with one another and be remotely monitored and controlled.
By 2020, the number of IoT connected devices globally is expected to be 30 billion, and this is forecast to grow to 100 billion by 2025.
By 2025, the IoT market could be generating revenue close to USD 10 trillion.
IoT Alliance Australia was formed in 2016 and is the peak body representing the Internet of Things in Australia.
A not-for-profit organisation, with over 400 member organisations, its objective is to guide Australian industry in the adoption of IoT, and ensure that Australia as a whole generates a competitive advantage.
Its task is made that much more difficult given the slow take-up rate of Australian companies:
- 59 percent of Australian businesses have little or no IoT experience
- 34 percent of companies have not started their IoT journey
To assist in raising the awareness of IoT amongst Australian industry and government, IoT Alliance is presenting IoT Impact – a two-day learning campus for Australian business executives to help them understand and plan for the impact of the Internet of Things in Australia.
Located at the University of Technology Sydney, the event will consist of an exhibition of 40 Australian and international companies, and an extensive conference and workshop program.
The conference will have a dedicated session on each of the six key industries that will be most impacted by IoT: smart cities, transport, energy, water, manufacturing and food and agriculture.
The conference will also have a dedicated session on the key enablers – the glue – that’s needed to make IoT work: security, data, technology platforms, artificial intelligence and communications networks.
Keynote speakers will include Christopher O’Connor, General Manager, IBM Internet of Things Offerings (USA), Clayton Fernandez, Director IoT, Microsoft (USA) and and Professor Alexey Voinov, Distinguished Professor, School of Systems, Management and Leadership, UTS.
“We’re at a pivotal time for business in Australia,’’ says Frank Zeichner, chief executive officer, IoT Alliance Australia.
“IoT impact is just the first step in a long road educating Australian businesses.”
IOT Impact will run over two days, September 10-11. For further information visit: www.iotimpact.com.au