Business leaders had plenty of comments and questions about how internet-connected devices are rapidly changing the world we live in at the Palisades Institute forum, “Defining the Future: the Internet of Things.” Tom Gilley, Chief Technology Officer at Convergia Communications, was the guest speaker at the December 11, 2019 forum in Rosary Hall. Gilley said connected products increase effectiveness and optimize revenue.
“Any time you are changing a part of your infrastructure, whether it is in your home, a small company, or a large company, you should think about what your connected product strategy is,” said Gilley.
Gilley suggests businesses that are changing lighting, HVAC, and business systems consider connected products. While connected products have many benefits, Gilley said there are concerns about security and privacy.
At the beginning of 2019, there were about 7 billion internet-connected devices. That number is expected to explode to 21 billion by 2025.