The IoT relies on ICT to reshape traditional industries. By integrating the physical and digital worlds, the IoT has the power to revolutionize future industries. The IoT can streamline business processes, boost productivity, and give customers better products and services, while providing potential for grander innovations. After years of technological advancement and market development, the IoT is poised to unearth a world of untapped ICT opportunities. The massive ecosystem that is the IoT is predicted to facilitate 100 billion connections by 2025.
Every one of these connections has its own requirements, and every device needs intelligent sensors to be able to connect to the cloud. A single network technology cannot cater to every scenario involving the diversity of these mass connections. Network applications are fragmented and have a long time-to-market. Without End-to-End (E2E) network security, artificial intelligence, and Big Data analysis, creating value out of data is an uphill struggle. Facing such challenges, ICT partners must establish broad alliances and joint innovation. Manufacturers, operators, vendors, developers, research institutes, and government agencies each play a part in making the IoT work for us.
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