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How to make the IoT work for everyone – the view from Davos
There are more connected devices on the planet than there are human beings. In 2017, analyst firm Gartner estimated that there were 8.4 billion devices online, while a range of more recent forecasts have predicted that the number could hit anything from 20 billion to 30 billion by 2020. In a speech in New York in October 2017, Michael Dell – founder and CEO of the company that bears his name – talked about the negligible cost of sensors and network nodes, saying: We’ll soon have 100 billion connected devices, and then a trillion, and we will be awash in rich data. But, more importantly, we’ll have the ability to harness that data. Maybe so, but there are challenges in making the system work for everyone, according to the World Economic Forum (WEF).
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