Internet of Things is Here, tech Giants Seek Standards

According to Reuters, in-vehicle infotainment systems, headsets, wearable computers, home appliances, and other connected devices that comprise the Internet of Things are estimated to reach a market size of $7.1 trillion by 2020.

This is why major players like Intel, Samsung, Dell, and other tech giants launched the Open Interconnect Consortium (OIC) on July 8th to address standards for the diverse internet-enabled hardware of the future. Attracting attention from the vehicle, health care, and manufacturing verticals, the IOC has been recognized by the Linux Foundation as a good step toward fostering a transparent development environment.

The IOC’s first goal is specifying a common communication Framework that will allow for smartphones, Tablets & PCs to remotely control and receive notifications from smart home and office appliances.

Be sure to read the next Internet of Things article: The Internet of Things is about the Internet

Original Article

Tech Giants Seek Standards For ‘Internet Of Things’