Taken to the consumer it's gona be a two-way street and sensor driven; then comes the big tie-in...

9-30-14

''In spite of all the awareness on the IoT concept being pushed by Cisco, Microsoft, Intel, and others, there still seems to be a lot of confusion around it. A recent survey from Daintree Networks revealed that 41 percent of the respondents were not even familiar with the term Internet of Things. This comes as a surprise but is a clear indicator that IoT has become mainstream in some geographical areas but not necessarily across all regions and industries.

One reason it hasn’t quite become mainstream is because most of the applications have been theoretical. If we just look at the “enterprise”, one of the key applications that is playing a critical role in IoT is Building Control and Energy Management. Similar to Google Nest or Xfinity Home Automation that are providing energy efficiency solutions for the home market, energy control solutions for commercial buildings connect energy and other operational devices including light fixtures, thermostats, plug loads, fans, refrigeration, and other devices wirelessly over the Internet so they can be automatically monitored, controlled, and managed for optimal use. These products can help companies save up to 70 percent energy, enhance operational efficiencies, reduce carbon emissions, and improve employee productivity. If implemented using true open standards with full interoperability, these solutions essentially become the foundation for Internet of Things for commercial buildings and can be called Enterprise Internet of Things (E-IoT).

According to a recent Cisco study, there were over 12.5 billion connected devices in 2010 alone which are expected to grow to 25 billion devices will be by 2015, and 50 billion by 2020. Various other research reports from Gartner Group and IDC have similarly staggering numbers. The market size is expected to be in trillions of dollars with connected wearables, cars, homes, enterprise buildings, utilities, and cities. With huge expected efficiencies and productivity gains, one thing is clear – Internet of Things is for here to stay. However, enterprises need to start with pragmatic solutions like building energy management to get the biggest bang for the buck and expand into other Enterprise Internet of Things over time.''

http://www.daintree.net/blog/tag/building-energy-management/

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