5 Tech Majors To Ride The IoT Wave At CES-2015

by CXOtoday News Desk    Jan 07, 2015

iot

This year’s Consumer Electronics Show (CES-2015) is all about The Internet of Things (IoT) and how it will change our lives radically. CES noted in its own press statement, this year’s show will have the largest collection of products, services and technologies that make up the IoT with more than 900 exhibitors planning to show off their innovations in this area.

It will also be a booming industry as research firm IDC has predicted that by 2020 IoT will be a $3 trillion industry. As mentioned earlier, while there are hundreds of companies who showcased their solutions and announced various initiatives around IoT, here we point out some of the tech players whose contributions in the field of IoT can be game changing.

#1. Wi-Fi Alliance looks to ride IoT wave

The Wifi Alliance is looking at new technologies such as IoT and predicted wide 802.11ah adoption for IoT. Kevin Robinson, Director of Program Marketing for the Wi-Fi Alliance said with over 20 innovation projects currently underway, he believes WiFi shipments are very healthy, and are expected to enjoy double-digit growth rates for the next five years. At the end of 2014, 9.98 billion WiFi devices had been sold worldwide and expected to pass the 10 billion mark in January 2015, leaving room for many more innovation in IoT space.

#2. Samsung bets its future on IoT

President and chief executive of Samsung Electronics, Boo-Keun Yoon, has called on industries to work together to make IoT a reality, while emphasizing on the limitless possibilities of a “smart” life. “The IoT has the potential to transform our society, economy and how we live our lives,” he said. “It is our job to pull together - as an industry, and across different sectors - to make true on the promise of the IoT.” Yoon stated that by 2019, all Samsung hardware will be IoT-ready and that the company will invest more than $100 million in its developer community in the next one year.

 #3. Intel’s smart connected chips

Intel CEO Brian Krzanich is also focusing on IoT during his key note address. In December 2014 Intel unveiled its own platform for IoT which will make it easier for companies to create internet-connected smart products using its chips, security and software. Experts believe as Intel lost out the smartphone war to rival Qualcomm, it now ensures that it doesn’t miss the IoT revolution.

Notably, Intel’s Internet of Things Group had $530 million in revenue in the September quarter and it grew at a rate of 14 percent over the previous year, which was faster than the company’s PC business.

#4. Lenovo’s smart smart devices

Chinese tech vendor Lenovo kicked off its week with the announcement of its new VIBE smartphone, alongside its selfie flash accessory. But it was the VIBE Band VB10 which caught the eye. Lenovo claims the Band VB10 will boast a battery life of 7-days, an impressive feature considering its always-on battery-chugging Bluetooth connectivity configuration. Visually, it will utilise an E-ink display to maintain visibility, and is also capable of displaying up to 150 characters, perfect for keeping up with imperative tweets on the go, while also maintaining compatibility with SMS, Facebook, WeChat among others.

#5. LG to stay cutting edge, connected

 LG’s new washers and dryers look to have speed and efficiency. In addition to that, LG wants to stay at the cutting edge of connected tech with their washers and dryers as well. Wi-Fi compatibility allows each of LG’s new washers and dryers to connect to their ThinQ app for cycle alerts and easy programming. Users will also be able to set specific cycles just by tapping their phone to the machine with near-field communication.

The event has numerous products centred on wearables, including smartwatches, fitness trackers as well as connected cars, which also come within the realm of IoT. While questions related to IoT including privacy and security will continue to come up, there is no doubt that IoT is the obvious next step in the evolution of technology in our life and business and CES 2015 will only offer a glimpse of the future.