From an economic and technical point of view how to cut into the Internet of Things?

In recent years, everyone from smart home appliances, smart grid to remote home care and other familiar with each other, the Internet has become the world's new network has become a new subject! This article will use Goldman Sachs Global Investment Report, from the economic and technical analysis point of view Internet of Things, providing statistical data and core application blocks, allowing readers and manufacturers interested in the Internet of Things in China to learn more about the past and future of the Internet of Things and find entry points and core locations suitable for their own businesses.

Internet of Things past and future

Although the term Internet of Things (IoT) is the key science and technology promoted by China and attracts worldwide attention, the term and concept was originally put forward by British Kevin Mintton at MIT in 1999. The market predicts that 10x (28 billion) of the objects to be linked by 2020 may be bracelets worn on hands or pedestrians and cars on the road. This breakthrough point is the cost of the sensor, the power of the connection object, the bandwidth to be resolved.

Due to the tide of the two previous Internet age, resulting in huge economic and technological changes, the reform of the Internet of things will create new possibilities for the redrawing of winners and industries. The following quote from the Goldman Sachs GlobalInvestment Research point of view report.

Technical rationality

The key attribute of the biggest difference between IoT and general network is the architecture of "S-EN-SE": Sensing Sensing, Efficient Efficiency, Networked Networking, Specialized Normalization and Everywhere are ubiquitous (Table 1).