The number of smart devices
or ‘things’—from thermostats to refrigerators to clothing—is growing rapidly thanks
to a huge demand from consumers and organizations alike. Gartner predicts that by 2020, about 26 billion smart
products will be in service and McKinsey Global Institute further predicts that
these smart devices, or the ‘Internet of Things (IoT)’ as they have commonly
been called, have the potential to add $6.2 Trillion to the global economy by
2025.
The IoT will
increasingly require ways to transfer data from smart devices without human
intervention. Manufacturers and/or distributors of these smart products should
be able to work with third party data
service providers to address issues of data integration, analysis and
management to the end user. These third party service providers, such as EDI
providers, could play a critical role in helping manufacturers and/or
distributors make the most of the IoT. EDI technology allows for the seamless
transfer of data between applications without human touch. This in turn
benefits the manufacturer of the smart device by allowing for larger volumes of
data to be exchanged securely, rapidly and without error.
It remains to be
seen how the IoT will develop over the next ten years or so, but one thing is
for certain, EDI in whatever form or shape it may take, could have a very
relevant part to play in securely transferring the data from the ‘things’ to
their end users!
For further
information on EDI and integrating your data call B2BGateway on +1 401 491 9595
/ +353 61 708533 or email Sales@B2BGateway.Net www.B2BGateway.Net
