Key Challenges for Internet of Things in Consumer Electronics Industry

Abstract

The key concept of IoT has the potential to be both a benefit and a threat not only to the ICT industry but also to the consumer electronics and device industries. Panasonic has high expectations for the IoT business and has already started providing value to individuals who live in smart homes. From a business viewpoint, we can simply describe “IoT” as ICT technologies that expanded from the computer to the non-computer world. However, there remain various technological issues to realize a genuine IoT world. This lecture introduces IoT business activities in the consumer electronics industry, and is followed by a discussion of the technological challenges for IoT both in the software and hardware layers.