What is IOT?

9 April 2020

IoT is all around us, infused into our everyday lives through constant connectivity. Our physical and virtual worlds are coming ever closer with the multitude of devices we use to improve our health, increase productivity, and make our lives easier. So many of our personal and business activities take place on the move and require our devices to pinpoint and track location. That’s where satellite navigation comes in. The European system known as Galileo brings accuracy, reliability, and authentication benefits to IoT devices especially in urban environments. This growing market is rich with opportunity for entrepreneurs to innovate and solve real challenges faced by business and society today.

Point.IoT is an exciting new programme designed to empower innovation using Galileo and IoT technologies.

Sources

  1. Ericsson Mobility Report, 2019
  2. Morgan Stanley, 2019
  3. Statista TrendCompass 2020
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