STMicroelectronics, a semiconductor frontrunner catering to clienteles across the spectrum of electronics applications, has declared that Francois Guibert, Executive Vice President and President of ST’s Greater China and South Asia Region, will speak at the COMPUTEX Taipei 2014 IoT Forum on the Company’s offering and strategy aimed at the Internet of Things (IoT), describing how to “augment” everyday objects in order to make them smart and connected.
As stated by Gartner, the IoT market, which does not include PCs, tablets, and smartphones, will rise to 26 billion units installed in 2020, representing an almost 30-fold upsurge from 0.9 billion in 2009. Gartner forecasts that IoT product and service suppliers will generate incremental revenue exceeding $300 billion, generally in services, by that time, resulting in $1.9 trillion in global economic value-add through sales penetration into diverse end markets.
“ST is committed to playing a key role in enabling the Internet of Things including its important role in tackling today’s societal challenges,” alleged Francois Guibert. Informing That – “As a global market leader in MEMS and sensors, ARM Cortex-based microcontrollers, smart power, and automotive technologies, STMicroelectronics sees the IoT as the next step in the natural progression of “smart” features in electronic devices. We are ready for the next wave of IoT with an even richer portfolio of products and technologies that include integrated smart systems with multiple sensors, processing, and communication technologies.”
ST predicts that anyone, beginning from entrepreneurs to companies, can power the current Internet infrastructure to be able to consider fresh applications plus markets as well as create new-fangled business opportunities. The IoT is extensively recognized as the next “Big Thing” that from its end promises to exploit the Internet with an array of applications and products, mainly wireless and mobile, cleaving through a broad spectrum of markets.
In many ways, the IoT is the hardware counterpart to the software “app” market and is unbridling an altogether new groundswell of creativity in many different segments.
Celebrating with regard to its 34th anniversary in 2014, COMPUTEX Taipei, which is the largest computer exhibition in Asia and the second largest in the world will witness Guibert deliberating as regards the building blocks required to drive IoT and how ST’s portfolio of smart sensors, embedded processing, connectivity, analog, as well as power solutions, in addition to the Company’s broad ecosystem makes it easy to augment new ‘things’ that are smart and connected.
The COMPUTEX TAIPEI IoT Forum is taking place on Wednesday, June 4, 2014, from 14:00 to 17:45 at Banquet Hall, 3F, Taipei International Convention Center.