• IoT World , Monday, July 13, 2015 11 AM

Cisco predicts that the number of devices connected worldwide will rise from around a billion today to 50 billion by 2020. But with less than 1% of the world currently connected, options for the startup community to exploit opportunities for digitalisation and connectivity are substantial. Phil Smith, Chief Executive, Cisco UK and Ireland, said: “UK companies of every size are devoting time and ingenuity to designing and building Ipplications, from the smallest SMEs to the largest enterprises. These companies are not just digitising in the conventional sense but finding completely new ways to connect people, processes, data and things, from their supply chains to their office spaces and their customers. The UK’s startup community is a great source of innovation, and we’re confident that we’re only witnessing the first wave. In the coming months and years, we can expect these businesses to be at the forefront of the transformation of the UK economy as we fully embrace the possibilities of a digital future.”

Read the whole story at IoT World »