Samsung CEO says everything company produces to be IoT capable within 5 years


Yesterday during CES 2015 Samsung joined several other companies in announcing major expansions in their efforts to turn home automation initiatives into full blown Internet of Things (IoT) ecosystems. Samsung’s announcement primarily focused on their SmartThings platform which the company is showing off during CES 2015. During his keynote address last night, Samsung CEO BK Yoon claimed IoT “has already started” and that “it’s not science fiction anymore — it is science fact.” Despite the claims of Yoon and others regarding the maturity of IoT, only 2% of consumers have invested in IoT devices according to Samsung’s research. That is not stopping Yoon who says Samsung is on a path to having everything the company produces IoT capable within five years.

According to Yoon, Samsung will have reached the point where 90% of their products are IoT devices by 2017 and within 5 years they will be at 100%. This includes items from ovens to air purifiers and all of the other goods that Samsung produces for the home market. Samsung is not stopping there though. They see IoT as having a huge impact on the enterprise market where business will have a need for connected devices whether it is phones, tablets, other wearable devices, digital displays, or even industry specific items like medical diagnostic equipment in the healthcare field.

Samsung will be joining other companies in what is becoming an increasingly crowded field to supply everything with electronics in your home or business. Samsung says they intend to help the industry establish standards and promote interoperability. This could be achieved as Samsung shifts their business model to focus more on collaborations.

With all of this attention on IoT during CES 2015 this year, are you taking a second look at how it may be used in your home or business? Let us know in the comments and then check back here at TalkAndroid for more news from CES 2015.

source: USA Today

About the Author: Jeff Causey

Raised in North Carolina, Jeff Causey is a licensed CPA in North Carolina. Jeff's past Android devices include an HTC EVO, a Samsung Note II, an LG G3, and a Motorola Moto X Pure Edition along with a Samsung Galaxy Tablet 10.1. He currently uses a Samsung Galaxy S8 and (very rarely) a Nexus 7 (2013). He is also using a Verizon-branded Motorola Moto Z Play Droid supplied by his job. Jeff used to have a pair of Google Glass and a Moto 360 Sport in his stable of gadgets. Unfortunately, his kids have all drunk the Apple Kool-Aid and have i-devices. Life at home often includes demonstrations of the superiority of his Android based devices. In his free time, Jeff is active an active runner usually training for his next marathon, owns a MINI Cooper, and plays Dungeons & Dragons. Jeff has three mostly grown kids and a golden retriever.