50 billion devices will be connected by 2020!

                  

A new report said on Thursday that up to 50 billion devices will be connected, ranging from smartphones and televisions to clocks, pipelines and trucks by 2020. According to the World Software Research.org report, Internet objects have the potential to drive economic gains And provide up to $ 11.1 trillion annually by 2025 in the global economic impact.

 Innovators take everyday things and make them infinitely better by adding computing power and software, and connecting them to the Internet.

"In a statement, these devices open the door to smarter ways to grow our economy," said Chris Hobensberger, executive director of Software.org. The report claimed that connected devices could reduce the cost of US health care spending by $ 300 billion a year and provide energy for connected devices and could cut greenhouse gas emissions by as much as 19 per cent.

The report added that only the surface of the Internet can be scratched, and industry and government must be ready to help this emerging technology succeed. Eighty-eight per cent of the decision-makers surveyed said Internet was strategic for their enterprises, while 24 per cent thought it was a diversion.

"We're just at the beginning of the digital revolution, and the possibilities are endless," says Victoria Espinel, president of Software.org. Espinl stressed the implementation of better policies to accompany and enable all the devices around us become connected.