In a ‘fireside chat’ at TiEcon 2014, Echelon CEO Ron Sege and Moor Insights & Strategy’s President and Principal Analyst, Patrick Moorhead, will discuss ‘Bridging the old with the new’ in the conference’s Internet of Things (IoT) track on Friday, May 16 at 12:15pm.
TiEcon 2014, taking place May 16 and 17 in Santa Clara, California, calls the IoT “the next huge wave of growth on the Internet.” McKinsey Global Institute’s ‘Disruptive Technologies’ report predicts the IoT will have as much as a $6 trillion impact on the world economy by 2025, with 50 billion connected devices.
Echelon specializes in connectivity solutions for the portion of the IoT known as the Industrial IoT (IIoT), which is expected to soon surpass the consumer or human IoT in size and economic impact. One of the big challenges in industrial markets, however, is enabling the billion or so existing devices, already connected on various incompatible non-IP networks, to participate in the IIoT.
Echelon’s IzoT™ platform for the IIoT not only supports all the new IP-enabled industrial devices and applications being developed, but also makes it simple and cost-effective for legacy industrial devices to become part of the IIoT. In this way, Echelon provides an important bridge between the old and the new.
TiEcon 2014 is the 21st gathering of one of the largest and longest ongoing conferences focused on entrepreneurship and technology innovation. According to conference organizers, the full-day Internet of Things track “will explore all the major IoT trends and the disruptive opportunities they will create for startup innovation, consumer value and enjoyment, societal benefit, and wealth creation.”
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