New Future Trust White Paper Explores Impact of IoT on Innovation Economy

FutureTrustLogoAccording to a White Paper on Technicolor’s The Future Trust, the Internet of Things, or IoT, has become a bit like a “Rorschach Test.” People see what they want to see when the term is invoked.

At its root IoT is about devices talking to each other without human intervention using the internet protocol. But this alone would cleanly fall into the category of machine-to-machine (M2M) communications.

What makes IoT truly powerful is when M2M is linked to Mobility, Big Data, Cloud Computing and other critical elements in today’s modern technology infrastructure to empower and provide options to end-users.

“The Internet of Things is inherently different from M2M communication because M2M is really meant to solve large-scale problems for a big group of devices that are all trying to work together in a larger environment that is not necessarily controlled by the end user,” explains Danny Lousberg, Director of Product Management for Qeo at Technicolor.

Technicolor Logo“The promise of IoT is that devices and appliances of all sorts will, without human interference, interact with each other to create a better experience for users by engaging in things like self-diagnosis, harnessing event-driven actions that enhance the human experience, or simply reduce costs in an intelligent and automated manner” says Kurt Jonckheer, General Manager, Virdata, and VP, Strategic Projects, Technicolor.

For the details of this report, and to learn more about Future Trust insights as well as recent IoT findings from the analyst community, visit:

http://thoughtleadership.technicolor.com/en/future-trust/internet-of-things/iot-s-rapid-evolution-marks-next-stage-innovation-economy