Is the $ 11 Trillion of ‘’Internet of Things’’ the new business battleground?

The Internet of Things and big data, can also impact society at a much higher level. By effecting better decision making through a better understanding of data, we can tackle socioeconomic issues like poverty and disease, education, and quality of life around the world.

Before I close, do you know that soccer ball that generates electricity (an awesome invention, btw)? Uncharted Play company launched their first product, Soccket, which is a soccer ball that when kicked around stores can provide energy that can power small appliances. Amazing but true. The IoT is the next exponent up.

That said, the notion of “The Internet of things” is something unstoppable. More and more devices will become Internet enabled, not less. What needs to be addressed is rock-solid security (logical and physical) combined with privacy laws and policies. At the same time, a comprehensive set of government acts, laws, and regulatory frameworks and technical standards needs to be developed to harness the potential of new models of interactions among the machines and people.