The IoT – which encompasses smart, connected products like smart phones and smart watches –is a major contributing factor in this exponential increase in data. That’s because all these smart devices are constantly gathering data, connecting to other devices and sharing that data – all without human intervention (your Fitbit synching data to your phone, for instance).
Pretty much anything can be made smart these days. Our cars are becoming increasingly connected; by 2020, a quarter of a billion cars will be hooked up to the Internet. For our homes, there are obvious smart products like TVs,and less obvious ones, like yoga mats that trackyour Downward Dog. And, of course, many of us have voice-enabled personal assistants like Alexa – another example of an IoT device.
That’s already a lot of devices, but the IoT is just getting started. IHS has predicted there’ll be 75 billion connected devices by 2020.
Credit: FORBES (Technology Mega Trends That Will Change The World In 2018)