Smart devices are increasing and it is expected that by 2020 there will be 50 billion devices connected to the Internet, which will be communicating with each other and enabling better decision-making. This will make everyday tasks easy to complete but businesses need to act as the key enabler before we can see the welfare in our everyday lives.
The Internet of Things provides the businesses a chance to transform business operations and introduce new business models to provide unprecedented levels of customer service and to innovate products, services and revenue models. Businesses will do this by adopting big data tools, cloud computing, and mobile technology and of innovations in a highly networked economy. Every business process can be enabled and therefore several industries redesign their business models and processes along Internet of Things (IoT) paradigm. To maximize the social and economic benefit of the technology, issues of interoperability, mashing up data, developing open platforms and standardization across technology layers have to be addressed.
The Summit is a powerful and inspirational event that brings together industry representatives, makers, vendors, experts, developers and others to plan, learn, network, collaborate, strategize and more effectively tap into the immense potential of the IoT domain.
It gives us immense pleasure in welcoming you to the IoT Asia Summit 2015
More details about the event can be found at: http://www.virtueinsight.com/technology/IoT-2015/