TEX NYC 2016: CEO Roundtable #1 Arrival of IoT: 5G, Connected Devices, Data Volume & Opportunities
Channel: JSA TV: Tech & Telecom News
Date: 2016-07-27

This CEO Roundtable "The Arrival of Internet of Things (IoT): 5G, Connected Devices, Data Volume and Business Opportunities" from TEX NYC 2016 features: Ronald Gruia, Director of Emerging Telecoms of Frost & Sullivan; Mobeen Khan, AVP of IoT Strategy & Product Management of AT&T; Frank Rey, Director Global Network Acquisition Group of Microsoft; and Tom Gilley, Venture Partner of Momenta Partners


There’s no question that the Internet of Things (IoT) is developing quickly; from building sensors that automatically adjust heating and lighting to wearable devices that alert you when you’ve reached your daily exercise goal or smartphones that buzz when the household has run out of milk, IoT is exploding. Cisco predicts that more than 5 billion people and 50 billion “things” will be connected by 2020. 2020 is also the year that 5G, the fifth generation of wireless communications technology, is set to debut.  IoT will be the ideal application for 5G, which will handle approximately 1,000 times more mobile data than today’s cellular systems, and help to better link up fixed and mobile devices. Many say 5G will contribute to what will be a new industrial and economic revolution. More than 1.6 zettabytes of data will be captured worldwide by 2020, according to ABI Research. By 2025, IoT applications are estimated to have a total economic impact of $11.1 trillion. How can companies capitalize on IoT? How are the big players approaching IoT? What kinds of applications will exist five, ten years from now? How will companies protect customer data / its own data? With the vast amounts of data that will be generated by IoT devices, how much pressure does this put on the network and data center infrastructure? This panel will discuss the explosive growth of IoT, examine industry trends, predictions, and the opportunities and challenges that IoT brings to the global economy.