ANSYS Advantage Engineering the Internet of Things, ISSUE 2, 2016
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This edition of ANSYS Advantage is focused on the engineering opportunities and challenges introduced by the fast-growing Internet of Things, or IoT. But, what is the IoT? Often, we think of the IoT in terms of things. Cell phones, tablets and other personal electronics garner much attention based on the worldwide explosion of personal technology devices — and with good reason.
According to Gartner, a leading information technology research and advisory company, by 2020 more than 26 billion personal devices will be in use, generating over $300 billion in revenue and over $1.9 trillion in global economic value. But today, an exciting trend in IoT is the expansion of connected things into the industrial world—referred to as the Industrial Internet of Things (IIoT). This is mirrored in almost every industry sector, including connected cars, wearable medical devices, drones and even military applications.
But the IoT is more than things. It also includes the robust global network that coordinates and connects these things to one another, as well as the cloud, which consists of data centers that host the vast collection of software that is able to translate the data from the things into actionable intelligence.