- Samsung sold 665m devices last year, many of which already have internet connectivity. But Yoon promised that by 2017 90% of those devices will plug into the IoT ecosystem, and 100% in five years.
- One of the biggest issues for IoT is the lack of interoperable standards. Each manufacturer has its own system meaning connected lights often can’t talk to the digital door lock, or the smart electricity meter can’t talk to the connected boiler.
- Samsung bought Smart Things, an IoT company that connects devices through an open system, in August 2014 and it is leveraging the company to attract developers and connect Samsung’s devices.
Samsung pledges over $100m to make an open Internet of Things finally happen
Read This Next
5 Insane Quotes From Boris Johnson’s Bizarre UN Speech About Tech
A New $15 Billion Project Is Set to Utterly Transform Our World
A Smart Home Device Successfully Reported an In-Progress Crime
By 2020, There Will Be 4 Devices for Every Human on Earth