The next big thing is here!

March 27, 2017

technology-adoption-ratesIt’s ten years since iPhone came to market and created a new world of smartphones and apps. It feels like they have been and will be here forever. Given the pace of tech development it is time for the next big thing but it is hard to see any candidates. Glasses and wristbands are accessories and not even close. VR and AR are interesting but probably not what we are looking for. When we look back at 2017 we will see that the next big thing  was internet again, this time with things added to it!

When internet surfaced last time we had little or no idea of the impact it would make to countries, businesses and people around the world. We went through the three phases: connectivity, operational value and strategic value in maybe ten years and the impact has been in the ball park of electricity. Now when we are adding things to the people and organisations already at internet we will go through exactly the same thing again. Connectivity (remember the 50 billion devices) is soon behind us now when we finally get the missing low power infrastructure for IoT, LPWAN. Since hardware is more difficult to connect than people the first phase will take quite a lot of time, but the two following ones – operational and strategic value –  will be much faster since everything needed already is available on internet. We already see companies leveraging things connected to internet today – look at the four nominees to the IoT Enterprise of the Year award in Sweden: Verisure, Volvo Cars, Husqvarna and Assa Abloy – and this is about to explode across industries and countries. The core deliverables from things connected to internet are safety, sustainability and efficiency i.e. what you will find in most priority lists of today.

In essence: if you want to understand how IoT will develop, try remember how internet happened last time. If you want to understand the impact of IoT, take a sober look at what internet has done to you, your industry, your society and the world. If you want to keep your job and save your company, get going. Internet is the next big thing, again, and we are already in the middle of the revolution. This time ignorance will be no acceptable excuse.

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