
HCM City (VNS/VNA) -The internet of things (IoT) is growing rapidly world-wide ushering inmomentous changes and huge opportunities for businesses, a conference heard inHCM City on June 12.
Leigh Madden, vice president of IT consulting, Asia-Pacific, for Bosch, saidacross the world billions of devices such as cars and smart phones are alreadyinteracting and sharing information, and things are increasingly becoming anactive part of the internet.
“Every ‘thing’ in the world can transmit data to the web and communicate withevery other ‘thing’ in order to perform a variety of tasks for its owner. Onthe internet of things, the physical and virtual worlds are fused.”
According to the Gartner, the world’s leading IT research and advisory company,some six billion devices are already connected, and by 2020 this number isexpected to exceed 20 billion.
As early as 2020 the IoT market will be worth some 250 billion USD, LeighMadden said.
Bosch has used IoT technology to create smart containers (to monitor foodcondition during transportation), community-based parking (transmitter vehicleswithin a community send data about free parking lots as they drive by and aparking area map is created), Kuri, a home robot, smart railway, and others, hesaid.
At the conference, Bosch exhibited some of its innovations in smartagriculture, connected buildings, factories of the future, and urban mobility.
Mallikarjuna Guru, managing director of Bosch Vietnam, said Vietnam is in theprocess of industrialisation and international integration, and IoT providegreat opportunities for it to develop its economy as well as industrial sector.
“For some years now, we have steadily expanded our software and engineeringexpertise and capacity in the areas of connectivity.
“Moving forward, we strive to make HCM City one of the key IoT solutions hubsfor Bosch in the Southeast Asia region through our Bosch Software andEngineering R&D centre.”
The German company had organised the first conference on the internet of thingsin the city last year.
Bosch is a global supplier of technology and services with a presence in theVietnamese market since 1994.
In the 2017 fiscal year, it recorded over 17 percent growth in Vietnam, withconsolidated sales reaching 114 million.-VNS/VNA
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