Technology Drivers for the IT Industry

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The Internet of Everything, a fully networked and analyzed society, seeks to enhance the quality of life of all people and drive new technologies, products, services, and markets. But where are developments headed, and what are the driving factors, fields of application, and challenges?

To begin, two concepts need to be distinguished: The Internet of Things (IoT) and the Internet of Everything (IoE). You might think that these two expressions describe the same thing: well, yes, but with tiny differences.

IoT describes networking of everyday things that are not yet online (dark assets, e.g., domestic electrical appliances, traffic lights, online classrooms, and fully networked industrial production, in which goods are no longer stockpiled but are automatically delivered and dropped off the production line to reflect the customer’s wishes). 

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