The blog post is based on the keynote presented by Tyson Tuttle, CEO of Silicon Labs, at 2014 IIC CEO Summit in Shanghai under the title of “How the IoT Will Change Our World.” At the summit, Tyson introduced Silicon Labs’ broad portfolio of low power solutions for Internet of Things (IoT) applications and how IoT will impact embedded designers and consumer markets.
Even though we are calling 2014 the “year of the Internet of Things,” I believe that the IoT is still in its infancy in terms of the technology development and the potential impact on our global economy and our daily lives.
The roll-out of the IoT is going to be a long-term evolutionary trend that we will see unfold over the next several decades.
There is a growing demand for low-energy solutions, specifically ultra-low-power microcontroller and wireless devices, which are key enablers for very low-cost, energy-efficient connected devices that can operate for months or even years on batteries.
Connected device hardware is evolving rapidly, driven by advances in semiconductors and all the way through the supply chain.
As we are all aware with the recent media attention surrounding the “Heartbleed” security bug, network security is of paramount importance to the future of the Internet. The Internet of Things will not advance rapidly until all connected devices are truly secure. After all, who wants their personal medical device or smart thermostat to be hacked?
Networking standards and interoperability are also critical to the IoT. This is especially true when it comes to all of the wireless connectivity options for the IoT including Wi-Fi, ZigBee, Bluetooth Smart and proprietary sub-GHz technologies.
On the social and political front, many people have concerns about not only their security but also their privacy in a technology environment in which every connected electronic device can be mined for data. We still have a long way to go to see how the Internet of Things plays out in a world where citizens are increasingly concerned about safeguarding their data and privacy.
Continue to read the keynote: Internet of Things Keynote 12: The IoT from Things to Big Data
Visit our Internet of Things page to learn more about our low power embedded solutions.