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The Internet of Things The basics of what it is and why it matters

WHAT IS IOT?
The Internet of Things (IoT) is anything that connects to and shares data through the internet.

IOT HAS THREE MAIN PARTS

THINGS NETWORKS/ SYSTEMS


Objects, machines and CONNECTIONS Streaming analytics
other IoT devices that use Networks – usually processes data on the fly,
embedded sensors to wireless – that connect cleaning it, then triggering
collect data. IoT devices. actions, if needed.

Almost anything can have an Internet connectivity unites IoT Data streams flow nonstop
embedded sensor. Sensors devices and data. Most devices from IoT devices. Businesses
detect events or changes in the connect through Wi-Fi. Security should know where to collect
environment, then send that is essential for collected data, all this big data, what to keep
data to the internet or other connected devices and the versus discard, and how to use
connected things. Sometimes networks that tie it all together. it. That's where IoT analytics
IoT things act on the data can help. Analytics reveals
received. meaningful patterns in the
data, in real time or after the
data is stored in a data center
or the cloud.

TOP BENEFITS OF IOT

TODAY AND TOMORROW


HOW MANY THINGS ARE CONNECTED?
Operational
HOW MUCH BIG DATA IS THERE? efficiencies
Examples are higher productivity,
faster time to market,
automated processes.

127 new >150 billion The global datasphere


will grow from
IoT devices devices
connect to the internet will be connected 33 Zettabytes
every second. 1
across the globe in 2018 to Innovative
by 2025. 2
175 Zettabytes business models
by 2025. 3
New insights spark new digital
offerings and revenue streams.

Real-time data 49 percent


will represent nearly of the world’s stored data
30 percent will reside in public Improved customer
of the datasphere by 2025. 4
cloud environments experiences
in 2025. 5
New and more engaging types of
customer experiences are unified
across multiple channels.

HOW CONNECTED INDUSTRIES USE IOT

Manufacturing Automotive/Transportation
 redict and prevent maintenance issues, improve
P 
Improve quality and reliability, provide smart
production quality and reduce after-sale defects. mobility services and make value-added offers
on the fly.
Retail/Hospitality
 
Optimize inventory management, understand Health Care
customer preferences in context and deliver  eliver higher-quality care at a lower cost, provide
D
highly customized, omnichannel experiences faster, more accurate diagnoses and patient-
and offers. centric treatments, and optimize workflows.

Government/Cities Insurance
 perate assets and infrastructure more efficiently,
O  revent damages and contain losses through
P
enhance public safety and streamline service early risk detection, and assess damages/perform
delivery. inspections quickly and safely using live imagery
from drones or wearables.
Energy/Utilities
 anage asset and grid performance, accurately
M
forecast loads and avoid outages.

WHAT’S COMING FOR


ARTIFICIAL INTELLIGENCE “The technologies we use in this
AND IOT? new economy must be increasingly
intelligent and automated. Artificial
Artificial intelligence (AI) and IoT analytics
intelligence and IoT together is the
work hand in hand to create new value
combination that will drive us forward.”
from IoT data. Forbes says organizations
– Oliver Schabenberger
that can apply real-time AI to IoT data Exec. VP, Chief Operating Officer and
could see as much as a 38 percent lift Chief Technology Officer of SAS

in profitability by 2035. 6

Learn more about SAS IoT solutions at sas.com/iotsolutions.

1
40 Internet of Things Statistics 2019. Tech Jury.
2
IDC. Data Age 2025. The Digitization of the World From Edge to Core. David Reinsel, John Gantz and John Rydning. Sponsored by Seagate. US44413318. November 2018.
IBID.
3,4,5 

6
Forbes. Artificial Intelligence Will Enable 38% Profit Gains by 2035.

© 2019 SAS Institute Inc. Cary, NC, USA. All rights reserved. 92756.0419

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