IoT doesn’t just expand the possibilities of computing, but “fundamentally redefines it and is a game-changer for almost every part of the economy with the capacity to solve the greatest social and business challenges of our time.” So believes Doug Davis, senior VP and GM of the Internet of Things Group at Intel. “Every overnight sensation is 20 years in the making,” and we’re now at a point in time where our collective ability to truly solve some of the world’s biggest problems is nearing reality. The impacts of technology go far beyond what we’ve listed here but these five interesting stats from Davis will give some insight into how data is generating actionable information that has the potential to literally reshape our world:
We produce 17 percent more food per person today than we did just 30 years ago and agricultural productivity is increasing faster than the population, yet up to a third of all food is wasted—that’s four billion metric tons of food—while millions of people are going hungry. We have to get better at growing and distributing food, cutting waste, improving logistics and sustaining productivity gains. Improved data collection, weather forecasting and precision agriculture could reduce agricultural losses by as much as 25 percent.
The world is experiencing the fastest rural-to-urban migration ever occurred in history, with seven new Chicago’s every year. Looking at air quality, noise, water distribution, gas, and traffic, with an overlay of police and fire department data is creating a system of systems that allow cities to look across big data analytics and consider the city as a holistic entity as opposed to silos. Smart-city traffic management and parking systems will reduce cumulative global emissions by 164 million metric tons.
By 2020, there will be 8 million people over 80. Society is not prepared to deal with the increase in caregiving but IoT could make a dramatic difference by transforming homes and making them smarter: motion sensors, fall detection, and more. The focus of the systems is “actionable data.”
The U.S. is responsible for about 80 percent of greenhouse gas (GHG) emissions and that by the end of the century, the world will be 7 degrees warmer. It is clear that predictive analytics can make a factory more efficient and that will reduce the carbon footprint, as well as reduce unscheduled downtime.
The world’s healthcare systems could save about $36B by implementing more remote patient-monitoring technology.