An infographic by Supported by

The Internet of Things

Applications for Business

By 2025, the total revenue from IoT

applications is estimated to be US $1.1tn (GSMA)

IoT is a technology with the potential to transform businesses

11%

2016

2021
U S $6tr n

There will be approx. 4 connected Potential impact of IoT in 2025 could Approx. US$6trn will be spent
devices per person in 2023 be equal to 11% of the world economy on IoT solutions over 2016-2021
(CISCO estimations) (GSMA) (Growthenabler)

What is the Internet of Things?

A network of physical objects or devices that communicate with each other
and other internet-enabled devices and systems via an Internet connection.

Sectors previously impervious to digital transformation stand to gain.

IoT’s focus on existing and non-technology focused objects makes it different from other technological
advances in the previous decades.

Potential of IoT identified through its five key capabilities

Connecting Collecting Monitoring Monetising Optimising

Integrated and connected Sensors collect data from Remote monitoring New data streams bring New levels of efficiency
devices that bridge the gap the object, which can be which provides a rich, with them significant providing potential cost,
between the digital and the used to inform other detailed snapshot of the opportunities for new energy or time savings
physical world. functions world in real time revenue streams

Energy Healthcare Logistics Retail Transport

Apartimentum are smart myAirCoach produces Traxens, a logistics data Geek+ uses Zipcar is a vehicle sharing
apartments in Hamburg that smart inhalers, IoT-enabled specialist, has developed software-powered robotics platform where cars are
have connected meters devices that collect and sensors for inside containers and intelligent warehouse equipped with an
allowing apartments to be crunch data that can predict to track conditions, management systems to IoT-enabled ‘black box’
heated or cooled potential asthma attacks up including temperature, make retail supply chains connected to the ignition,
automatically based on to a week in advance. humidity, pressure and more efficient, flexible, safe users’ phones act as the
occupation levels. movement. and agile “key” to start the engine.

Adoption rates are being slowed by three challenges,

despite available solutions.

Security Digital
Regulation
& Privacy Infrastructure

62% 95% 33%

of organisations that were struggling of businesses supported dedicated of businesses that adopted IoT felt
to scale up IoT applications cited IoT regulation to help understand they did not have the resources or
cyber security and data privacy their responsibilities as vendors for workforce to scale their IoT project
threats as a top concern IoT products to full realisation.

RECOMMENDATIONS
Establish codes of best practice Ensure proper technical skill sets Governments and the private sector
among vendors and users for appropriate and technically can work together to lower the
Embed security considerations at feasible regulation financial cost of IoT and wider 5G
each step of the development Regulation must be living and rollout.
process responsive to emerging threats, and Develop alliances, shared standards
Ensure all stakeholders are not static and interoperability protocols
covered by any regulation Skills convergence and upskilling
Encourage best practices for all workforce as IoT development is a
employees working with IoT multidisciplinary endeavour
An infographic by Supported by

The Internet of Things

and COVID-19
COVID-19 has necessitated unprecedented changes in the way
almost all companies operate.

Some have had to scale up operations quickly to meet increased demand for their vital
services and products and also adapt working conditions to keep their employees safe.

The Internet of Things (IoT) has been a key factor behind enabling
these changes across several industries.

Healthcare
Health care professionals need to monitor patients while maintaining a safe distance from
those who have contacted the virus.

› A medical centre in Washington has used a robot › Shanghai Public Health Clinical Centre employed
to take vital readings with a stethoscope from a continuous temperature sensor to send real-time
COVID-19 positive patients readings of people entering the health care centre

Smartcities
Municipal leaders need to monitor adherence to social distancing or lockdown measures,
while limiting “boots on the ground” operations for even essential service delivery.

Ch › University of Newcastle researchers have › South Korean officials built portals to

monitored adherence to social distancing share data where people can buy
all
en

norms by using GPS trackers on public personal protective equipment and used
ges a

transport vehicles drones to help disinfect streets

nd IoT s

Logistics
olut

Supply chain managers need to ensure COVID-19 essentials, such as personal

io

ns
protective equipment reach the destinations where they are needed quickly and safely.

› UPS used their in-house IoT system for › Antwork used drones to move medical
tracking deliveries in their distribution samples and quarantine materials between
channels to ensure COVID-19 testing kits Xinchang County hospital and disease
reached the worst affected countries control centres

Manufacturing
Companies need to produce vital medical equipment while keeping their workers safe on the
factory floor.

› US company Triax designed an IoT device that › Bright Machines, a smart manufacturing start-up, has
attaches to hardhats and provides contact tracing offered no cost automation for rapid production of
and social distancing alerts for people on medical devices related to the fight against Covid-19.
construction sites and in factories