It’s becoming increasingly apparent that IoT is a big, big business, with many notable players spending billions bringing innovations to consumers and industries. These are the kind of innovations that have the potential to change the way people lead their lives and run their businesses. Whether it’s with connected cars, smart grids or wearables — IoT is now somewhere in the midst of a transformation from science fiction to reality.
The February edition of PYMNTS’ Internet of Things Tracker, sponsored by Intel, brings you the latest industry news and trends, along with the addition of 10 new provider profiles — now totaling 41 companies — across categories from devices to infrastructure to software to data.
IOT IS EVERYWHERE AROUND US (AND ON US)
For this month’s cover story, PYMNTS interviewed Sanket Amberkar, Flextronics’ Senior Director of Innovation and New Ventures, about where Flex sees the biggest opportunities in IoT. The answer? Seemingly everywhere. Amberkar focuses on the fast and furious IoT developments happening in health care, consumer technologies, energy, automotive and transportation, and agriculture. The developments are staggering. Here’s a sneak peek:
When talking IoT with someone from Flex, the first thing you should probably know is the company prefers to call it the “Intelligence of Things,” Amberkar said. Internet of Things “only means connectivity,” he explained. “That’s what the Internet does, the Internet connects stuff together. But you’re also putting a lot more intelligence in the end devices themselves,” he said. “And that means you’re really building smart and connected devices, not just connected devices… there’s security capabilities, there’s software capabilities, there’s sensors on these devices that were never there before, so it’s more than just about the Internet.”
Nomenclature aside, Flex is a big player in IoT – producing and helping to produce solutions involving tons of connected, intelligent devices that enable IoT in a variety of settings. In a recent interview with PYMNTS, Amberkar discussed where the company sees the biggest opportunities in IoT.
About the Tracker
The PYMNTS.com Internet of Things Tracker, sponsored by Intel, showcases 41 top companies, including Apple, Google and Verizon, that are leading the way in all aspects of the Internet of Things.
Every month, we’ll take a look at what these companies are doing across the ecosystem and in 6 categories: Devices; Infrastructure; Payments; Security; Software; and Data.