For the Internet of Things to reach its full potential, we’re going to need 5G. Without it, the promise of efficiency and automation unlocked by the deluge of data will stall.
The “Internet of Things” (IoT) – the technological trend of connecting nearly everything to the Internet – promises to revolutionize our lives. Experts tell us that we can expect dramatic impacts in settings as broad as home automation, wearable technology, industrial automation and smart cities.
A June report published by McKinsey predicts that IoT may have a total economic impact of $4-$11 trillion on the global economy by 2025. […]