Rise of the IoT in the Nordics

Posted in NDBS News / Posted By: admin

A new report by TeliaSonera and Arthur D. Little, a global leader in management consultancy, predicts that there will be close to four connected devices per person in the Nordics by 2018 reaching total of 102 million connected devices in the Nordics alone with some sources such as Gartner Inc., quoting 50 billion worldwide. Connected vehicles, connected building and connected people are the three driving forces for developments in connected cars, smart homes and digital health.

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“The internet of things is a revolution that is going to transform society, industries and the way that we live,” says Hans Dahlberg, head of TeliaSonera Global M2M services. This will result in upgraded healthcare, new ways of keeping homes safe and more efficient transport systems. New improved security and convenience is enticing car manufacturers and owners alike to push more connected cars onto the streets, aided by favourable regulatory and political conditions.

All of these advancements in technology will ensure that IoT services that remotely control and monitor connected things will need data centre services to store all of the data. This will result in significant benefits to individuals are well as substantial opportunities for private and public organisations.

Companies are asking themselves how to best make use of the vast amounts of data these devices generate to enable intelligent decision making, research and development and predictive services. Looking to the future, on the rise are autonomous connected things such as driverless cars which will place new demands on regulation, security and quality of service and connectivity.

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Dahlberg says that, ‘”information about cars’ health and how they are driven can help reshape business models in car insurance and change repair shops go to market strategy; this is a fundamental shift in how these industries traditionally operate.”

Connected things are expected to increasingly communicate with each other; this will result in more advanced people-centric services.

“Previously separated ecosystems will converge into fully integrated systems, interoperability is [the] key to realise the full potential of IoT,” concludes Martin Glaumann, partner at Arthur D. Little.

Join us on 24th September at The Nordic Digital Business Summit 2015 to explore the rise of the IoT , Cloud and Data Center industries in the Nordics.

Katie Wheeler