The pandemic and the lockdown have reduced our mobility, but our connectedness – via IoT, the Cloud and AI – has helped us overcome this. As society gets moving again, connectedness will redefine the way we do it.
The ever-accelerating pace of technological innovation promises an era of mass, high-speed connectivity with the potential to not only boost human progress but improve the living standards of all the world’s people.
The oceans of data that the Internet of Things (IoT) generates will equip humans with a better understanding of our world. Artificial Intelligence (AI) will enhance our ability to process this data and apply it.
Already, it is estimated that 30 billion IoT devices will be connected to the internet by the end of 2020. IoT spend may reach $15 trillion in the six years to 2025.
At the same time as connectivity is becoming indispensable, mobility has never been more important. The COVID-19 pandemic and the lockdown have made us painfully aware of how dependant we are on fleets to bring cargo from source to the retailers that provide our essential goods.
Protecting that cargo, and ensuring it gets to us as efficiently as possible, is the realm of telematics and IoT. This is contingent on connectivity. Our success as a society will depend on how well we connect to each other, and how well we use the information generated by IoT.
A carmaker partnership
A current global partnership with major automaker Toyota has provided…
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Read the full article by Pierre Bruwer, MD, Netstar, as well as a host of other topical management articles written by professionals, consultants and academics in the February/March 2021 edition of BusinessBrief.
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