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.
Validation Code
Deloitte study reveals Romania's young talents look for organizations in which they matter

Only 15.6 per cent of Romanian millennials think that university graduates in the country are well prepared for professional work. However, 75 per cent of the Romanian students wish to continue their education

 Read Full article »
DB Global Technology kicks off the third edition of DB Tech School

DB Global Technology, the technology center of Deutsche Bank in Bucharest, is preparing for the third edition of DB Tech School, a training program for Java specialists, the company announced.

 Read Full article »
Atos joins global cybersecurity initiative Charter of Trust

Atos, along Enel and AES Corporation joined Charter of Trust, a global cybersecurity initiative. The announcement has been made during this year's 2018 CERAWeek conference in Houston.

 Read Full article »
Luxoft appoints Bogdan Pelinescu as Managing Director for Central Europe

Luxoft Holding, global IT service provider, today announced that starting from March 1, 2018 Bogdan Pelinescu will become its Managing Director for Central Europe.

 Read Full article »
NTT Data Romania leases 2.800 sqm in the third building of Openville Timisoara

The Iulius Company and NTT Data Romania, one of the top providers of software solutions and in Romania, signed a lease agreement for premises in the third class A office building currently pending development i

 Read Full article »
CTP operates five of the Top 10 industrial buildings with BREEAM in-Use certification

The company CTP is continuing its efforts to support permanent, sustainable development and is continuously building top-of-the-line spaces, which are presented with various noteworthy awards. It currently owns

 Read Full article »
The Romanian Unicorn: UiPath raises around 120 mln dollars investment for software robots for internal business tasks

TechCrunch has learned that Romanian RPA developer UiPath, a startup that builds ‘software robots' for enterprises to help automate legacy and back-office functions, has raised a Series B round of funding th

 Read Full article »
ABSL Cluj-Napoca Business Mixer 2018: Transformations, innovations and continuous improvements in the BPO space

ABSL organized the 3rd edition of Cluj-Napoca Business Mixer on February 27. More than 70 people coming from over 30 companies were present at the event, eager to learn more about the transformations, innova

 Read Full article »
National Statistics Institute: The weight of innovative enterprises scaled down 2.6 per cent between 2014 and 2016

Innovation in Romanian enterprises dropped in the period 2014-2016 compared to the period 2012-2014, according to the provisional results of the statistical survey on innovation in industry and services. Large

 Read Full article »
Vodafone Romania buys Romanian IoT company

The Romanian unit of British wireless carrier Vodafone said it has signed an agreement for the acquisition of Evotracking, an Internet of Things (IoT) Romanian company which owns the EVOGPS brand.

 Read Full article »
» Molson Coors started to grow its busin...
» Romania, Europe's third and world's 13...
» Saxo Bank analysis: Romania, the ideal...
» Committed to growth
» New customer contact centre opens at B...
» Why AFI Tech Park is the best value fo...
» Genpact's COO: Staying ahead of the cu...
» Oracle reaches 4,200 employees and pla...
» LeasePlan to open service center in Bu...
Accenture: Company culture is key to unlocking gender equality and narrowing pay gap

New research from Accenture has identified 40 workplace factors that create a culture of equality – including 14 factors that matter the most. The research, published today in the company's "Getting to Equal

 Read Full article »
Romanian Outsourcing & Shared Services Summit at its fourth edition on March 22

OUTSOURCING TODAY, the integrated communication platform of the business services sector, presents the Fourth Edition of Romanian Outsourcing & Shared Services Summit on March 22nd at Hilton Hotel, Bucharest. T

 Read Full article »
Romanian employers forecast the most subdued hiring pace since Q1 of 2016

The Q2 of 2018 hiring perspectives are positive, but trend moderately weaker both quarter-over-quarter and year-over-year

 Read Full article »
IT&C companies are the first for renting new office space

The IT&C sector ranks first in the top of fields renting new office space in 2017, study of ESOP I Corfac International consulting company says.

 Read Full article »
Nominations are now OPEN at the Romanian Outsourcing & Shared Services Awards

Outsourcing Today organizes the 4th edition of the Awards Gala on May 10 at Radisson Blu Hotel in Bucharest. The event that rewards and celebrates the success of the most prominent companies acting in the Outso

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