Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “”Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“

Internet of Things Spending by Vertical Market

Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “”Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“

Internet of Things Spending by Vertical Market

Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “”Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“

Internet of Things Spending by Vertical Market

Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “”Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“

Internet of Things Spending by Vertical Market

Global Semiconductor Industry is Headed for a Monumental Transformation to Usher in IoT Revolution

The upcoming IoT Revolution hopes to connect 50 billion devices by end of 2020. The IoT Revolution aims at transforming Retail Sales industry, Aerospace and Defense Industry, Wholesale Distribution industry, Utilities industry, Oil and Gas Industry, Mining and Metal Industry, Industrial Machinery and Component manufacturing, Chemical Industry, Automotive Industry, etc.

Every aspect of IoT seems to be revolutionary. There is also a good chance of IoT Revolution to improve the quality of life for entire human society. While the technology has an important role to play in creating ample job opportunities in global economy, if care not taken by policy makers, IoT market growth would be restricted.

Internet of Things has an  important role to play in the progress of today’s knowledge based economy. If the global economy cannot transition to a sustainable economy, IoT Revolution cannot become a reality. Additionally, IoT Revolution should not only come through increase in consumer purchasing power that gives increased consumer demand for goods but it should also ensure that the higher purchasing power comes through hard work and not by means of providing any dole-outs.

The IoT Revolution is very much feasible for every economy in this world as long as the playing field is leveled and the competition between them is fair. A true free market economy is essential for bringing about this next big thing. These free markets should be beneficial for not only producers but also consumer of goods. Sustainable manufacturing is essential in order to transition to next generation ecological fab. IoT Revolution also has the capacity to bring the environmental pollution under control by means of ushering a balanced economy which results in neither overproduction of goods nor underutilization of available resources.

For IoT Revolution to happen, wide range of macroeconomic principles have to be applied to existing industrial policies that helps transition the top-down hierarchical corporate culture to a more flatter organization having less rigid hierarchy. Such an organization with decentralized power and authority has a capability to increase collaboration amongst its employees through a consensus in decision making process as well as boost the efficiency of organization in order to be able to contribute towards a strong local economic development. While ensuring a success of IoT Revolution, care needs to be taken that the trade policies do not encourage counterfeiting of electronics. Majority of IoT applications will be human centric and hence counterfeits have to be not only minimized but completely eliminated from supply chain to avoid life-threatening situations from the use of IoT products.

Both producers and consumers have to prosper for a robust growth of IoT sector. The worker productivity is the main source of supply while wages are the main source of demand. If productivity rises faster than wages, then supply rises faster than demand. This results in overproduction and forces the manufacturer to fire workers. Producers are the suppliers of goods, and consumers generate the demand for these goods. Consumer demand, being dependent on wages, is sustainable only if the consumers as workers earn higher salaries. If the wages of consumers do not catch up with increased supply of goods, the supplier of goods is unable to sell all that he/she has manufactured. Hence, the monetary policy of any country needs to ensure that wages catch up with productivity. By ensuring wages catch up with productivity; it is very feasible to create plenty of jobs in economy and maintain the incentives to work hard. In this way, there is no need of excessive government spending and hence deficits, which would also reduce the direct and indirect taxes on citizens. A lower income tax on citizens would also further boost citizens’ consumer purchasing power in economy.

A sustainable economy should not only create more manufacturing jobs but also creates a number of service sector jobs catering to these manufacturing facilities.  The virtual offshoring of most facilities from the United States in order to increase corporate profits, has produced the progressive diminishing of the employment base to most Americans in both intellectual and economic terms.  The increasing Mergers and Acquisitions happening in semiconductor industry are not going to help but hurt this industry. Indeed, the lack of liquidity in the last seven years has not helped this situation either and hence the ownership of companies catering to the IoT market should be with the employees of those companies, as being the arbiters of their chosen investment locales and facets.

While ushering the IoT Revolution, businesses can play an important role in eliminating global poverty and unemployment through a productive use of technology. An unproductive use of any technology makes the progress of that technology unsustainable and hence ‘Sustaining Moore’s Law’ advocates a productive use of technology to eliminate the present uncertainty of ushering an IoT revolution due to a global macroeconomic crisis. It would help sustain the progress of Moore’s law and will bring an end to wage stagnation, and hence, the living standard will start to rise for all.

As is common knowledge, all indications are that the Western economy is in for a very rough ride, in particular because the Western individualized world has sacrificed so much of its social, cultural, and industrial base to external interests, and in the process has outsourced large chunks of its technical skills and know-how to foreign agencies and lands. Life on other continents on the other hand seems to have retained more of a traditional structure. Therefore it seems probable that a sinking global economy and the eventual collapse of crony capitalism, as we know it, would harm the First and Second Worlds infinitely more than the Third. However,  ‘Sustaining Moore’s Law’ presents a blueprint to usher in the next big thing of IoT Revolution for not only developed economies but also for developing economies like India.

The semiconductor industry in United States has been on the downhill along with many others. It is well known that manufacturing is fast becoming an endangered species in the United States, employing less than 10 percent of the labor force now. Semiconductors have been hit especially hard by low-wage competition from China and some other Asian nations. Dallas/Maxim just announced they are closing their production facilities in Dallas and the Failure Analysis lab along with it. Many of my ex-colleagues that were layed off from Kilby/Process Development a year ago have not found a job yet. Qualcomm is laying off 15% of its workforce and the Broadcom/Avago merger is going to create a wave of restructuring layoffs too. Hence, the Uncertainty of ushering about an IoT Revolution seems insurmountable to the industry at large.

A Management Crisis in High Tech Industry

Since the 1960s the semiconductor industry has been a driver of global economic growth and social change. Each country involved wants a large, viable semiconductor industry that provides high paying jobs. The ongoing technical and managerial crises needs a detail analysis to examine the industry from a macroeconomic perspective, helping readers understand how global competitive advantage can be won or lost unless good macroeconomic policies are implemented. This study is very relevant in today’s world and the highly dynamic semiconductor industry, since things move so fast in this digital age. Though a US-centric book, it will be very useful for the developing world as well. There is also a chapter dedicated to semiconductor manufacturing in developing economies like India.

This is the first book for which world renowned Professor of Economics and author of six international best sellers, Professor Ravi Batra, has written the Foreword. Professor Batra considers the solutions presented in this book to be both monumental as well as practical to implement. In 1978, To the laughter of many and derision of a few, Professor Ravi Batra authored a book “The Downfall of Capitalism and Communism: A New Study of History“. While his forecasts about collapse of communism earned him a gold medal of honor from Prime minister of Italy, he thinks that unless US Capitalism reforms towards a free market economy, US Capitalism is going to meet the fate of Soviet Communism due to huge concentration of wealth in the economy.

It is another interesting book as it not only focuses on technological growth but also offers solutions to make that growth sustainable by a sustainable macroeconomic growth. The book is published by Morgan and Claypool Publishers and will be available as an e-book as early as end of August 2015.

By Apek Mulay.

Global Semiconductor Industry is Headed for a Monumental Transformation to Usher in IoT Revolution

Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “”Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“

Internet of Things Spending by Vertical Market

Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “”Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“

Internet of Things Spending by Vertical Market

Global Semiconductor Industry is Headed for a Monumental Transformation to Usher in IoT Revolution

The upcoming IoT Revolution hopes to connect 50 billion devices by end of 2020. The IoT Revolution aims at transforming Retail Sales industry, Aerospace and Defense Industry, Wholesale Distribution industry, Utilities industry, Oil and Gas Industry, Mining and Metal Industry, Industrial Machinery and Component manufacturing, Chemical Industry, Automotive Industry, etc.

Every aspect of IoT seems to be revolutionary. There is also a good chance of IoT Revolution to improve the quality of life for entire human society. While the technology has an important role to play in creating ample job opportunities in global economy, if care not taken by policy makers, IoT market growth would be restricted.

Internet of Things has an  important role to play in the progress of today’s knowledge based economy. If the global economy cannot transition to a sustainable economy, IoT Revolution cannot become a reality. Additionally, IoT Revolution should not only come through increase in consumer purchasing power that gives increased consumer demand for goods but it should also ensure that the higher purchasing power comes through hard work and not by means of providing any dole-outs.

The IoT Revolution is very much feasible for every economy in this world as long as the playing field is leveled and the competition between them is fair. A true free market economy is essential for bringing about this next big thing. These free markets should be beneficial for not only producers but also consumer of goods. Sustainable manufacturing is essential in order to transition to next generation ecological fab. IoT Revolution also has the capacity to bring the environmental pollution under control by means of ushering a balanced economy which results in neither overproduction of goods nor underutilization of available resources.

For IoT Revolution to happen, wide range of macroeconomic principles have to be applied to existing industrial policies that helps transition the top-down hierarchical corporate culture to a more flatter organization having less rigid hierarchy. Such an organization with decentralized power and authority has a capability to increase collaboration amongst its employees through a consensus in decision making process as well as boost the efficiency of organization in order to be able to contribute towards a strong local economic development. While ensuring a success of IoT Revolution, care needs to be taken that the trade policies do not encourage counterfeiting of electronics. Majority of IoT applications will be human centric and hence counterfeits have to be not only minimized but completely eliminated from supply chain to avoid life-threatening situations from the use of IoT products.

Both producers and consumers have to prosper for a robust growth of IoT sector. The worker productivity is the main source of supply while wages are the main source of demand. If productivity rises faster than wages, then supply rises faster than demand. This results in overproduction and forces the manufacturer to fire workers. Producers are the suppliers of goods, and consumers generate the demand for these goods. Consumer demand, being dependent on wages, is sustainable only if the consumers as workers earn higher salaries. If the wages of consumers do not catch up with increased supply of goods, the supplier of goods is unable to sell all that he/she has manufactured. Hence, the monetary policy of any country needs to ensure that wages catch up with productivity. By ensuring wages catch up with productivity; it is very feasible to create plenty of jobs in economy and maintain the incentives to work hard. In this way, there is no need of excessive government spending and hence deficits, which would also reduce the direct and indirect taxes on citizens. A lower income tax on citizens would also further boost citizens’ consumer purchasing power in economy.

A sustainable economy should not only create more manufacturing jobs but also creates a number of service sector jobs catering to these manufacturing facilities.  The virtual offshoring of most facilities from the United States in order to increase corporate profits, has produced the progressive diminishing of the employment base to most Americans in both intellectual and economic terms.  The increasing Mergers and Acquisitions happening in semiconductor industry are not going to help but hurt this industry. Indeed, the lack of liquidity in the last seven years has not helped this situation either and hence the ownership of companies catering to the IoT market should be with the employees of those companies, as being the arbiters of their chosen investment locales and facets.

While ushering the IoT Revolution, businesses can play an important role in eliminating global poverty and unemployment through a productive use of technology. An unproductive use of any technology makes the progress of that technology unsustainable and hence ‘Sustaining Moore’s Law’ advocates a productive use of technology to eliminate the present uncertainty of ushering an IoT revolution due to a global macroeconomic crisis. It would help sustain the progress of Moore’s law and will bring an end to wage stagnation, and hence, the living standard will start to rise for all.

As is common knowledge, all indications are that the Western economy is in for a very rough ride, in particular because the Western individualized world has sacrificed so much of its social, cultural, and industrial base to external interests, and in the process has outsourced large chunks of its technical skills and know-how to foreign agencies and lands. Life on other continents on the other hand seems to have retained more of a traditional structure. Therefore it seems probable that a sinking global economy and the eventual collapse of crony capitalism, as we know it, would harm the First and Second Worlds infinitely more than the Third. However,  ‘Sustaining Moore’s Law’ presents a blueprint to usher in the next big thing of IoT Revolution for not only developed economies but also for developing economies like India.

The semiconductor industry in United States has been on the downhill along with many others. It is well known that manufacturing is fast becoming an endangered species in the United States, employing less than 10 percent of the labor force now. Semiconductors have been hit especially hard by low-wage competition from China and some other Asian nations. Dallas/Maxim just announced they are closing their production facilities in Dallas and the Failure Analysis lab along with it. Many of my ex-colleagues that were layed off from Kilby/Process Development a year ago have not found a job yet. Qualcomm is laying off 15% of its workforce and the Broadcom/Avago merger is going to create a wave of restructuring layoffs too. Hence, the Uncertainty of ushering about an IoT Revolution seems insurmountable to the industry at large.

A Management Crisis in High Tech Industry

Since the 1960s the semiconductor industry has been a driver of global economic growth and social change. Each country involved wants a large, viable semiconductor industry that provides high paying jobs. The ongoing technical and managerial crises needs a detail analysis to examine the industry from a macroeconomic perspective, helping readers understand how global competitive advantage can be won or lost unless good macroeconomic policies are implemented. This study is very relevant in today’s world and the highly dynamic semiconductor industry, since things move so fast in this digital age. Though a US-centric book, it will be very useful for the developing world as well. There is also a chapter dedicated to semiconductor manufacturing in developing economies like India.

This is the first book for which world renowned Professor of Economics and author of six international best sellers, Professor Ravi Batra, has written the Foreword. Professor Batra considers the solutions presented in this book to be both monumental as well as practical to implement. In 1978, To the laughter of many and derision of a few, Professor Ravi Batra authored a book “The Downfall of Capitalism and Communism: A New Study of History“. While his forecasts about collapse of communism earned him a gold medal of honor from Prime minister of Italy, he thinks that unless US Capitalism reforms towards a free market economy, US Capitalism is going to meet the fate of Soviet Communism due to huge concentration of wealth in the economy.

It is another interesting book as it not only focuses on technological growth but also offers solutions to make that growth sustainable by a sustainable macroeconomic growth. The book is published by Morgan and Claypool Publishers and will be available as an e-book as early as end of August 2015.

By Apek Mulay.

Global Semiconductor Industry is Headed for a Monumental Transformation to Usher in IoT Revolution

Global Semiconductor Industry is Headed for a Monumental Transformation to Usher in IoT Revolution

The upcoming IoT Revolution hopes to connect 50 billion devices by end of 2020. The IoT Revolution aims at transforming Retail Sales industry, Aerospace and Defense Industry, Wholesale Distribution industry, Utilities industry, Oil and Gas Industry, Mining and Metal Industry, Industrial Machinery and Component manufacturing, Chemical Industry, Automotive Industry, etc.

Every aspect of IoT seems to be revolutionary. There is also a good chance of IoT Revolution to improve the quality of life for entire human society. While the technology has an important role to play in creating ample job opportunities in global economy, if care not taken by policy makers, IoT market growth would be restricted.

Internet of Things has an  important role to play in the progress of today’s knowledge based economy. If the global economy cannot transition to a sustainable economy, IoT Revolution cannot become a reality. Additionally, IoT Revolution should not only come through increase in consumer purchasing power that gives increased consumer demand for goods but it should also ensure that the higher purchasing power comes through hard work and not by means of providing any dole-outs.

The IoT Revolution is very much feasible for every economy in this world as long as the playing field is leveled and the competition between them is fair. A true free market economy is essential for bringing about this next big thing. These free markets should be beneficial for not only producers but also consumer of goods. Sustainable manufacturing is essential in order to transition to next generation ecological fab. IoT Revolution also has the capacity to bring the environmental pollution under control by means of ushering a balanced economy which results in neither overproduction of goods nor underutilization of available resources.

For IoT Revolution to happen, wide range of macroeconomic principles have to be applied to existing industrial policies that helps transition the top-down hierarchical corporate culture to a more flatter organization having less rigid hierarchy. Such an organization with decentralized power and authority has a capability to increase collaboration amongst its employees through a consensus in decision making process as well as boost the efficiency of organization in order to be able to contribute towards a strong local economic development. While ensuring a success of IoT Revolution, care needs to be taken that the trade policies do not encourage counterfeiting of electronics. Majority of IoT applications will be human centric and hence counterfeits have to be not only minimized but completely eliminated from supply chain to avoid life-threatening situations from the use of IoT products.

Both producers and consumers have to prosper for a robust growth of IoT sector. The worker productivity is the main source of supply while wages are the main source of demand. If productivity rises faster than wages, then supply rises faster than demand. This results in overproduction and forces the manufacturer to fire workers. Producers are the suppliers of goods, and consumers generate the demand for these goods. Consumer demand, being dependent on wages, is sustainable only if the consumers as workers earn higher salaries. If the wages of consumers do not catch up with increased supply of goods, the supplier of goods is unable to sell all that he/she has manufactured. Hence, the monetary policy of any country needs to ensure that wages catch up with productivity. By ensuring wages catch up with productivity; it is very feasible to create plenty of jobs in economy and maintain the incentives to work hard. In this way, there is no need of excessive government spending and hence deficits, which would also reduce the direct and indirect taxes on citizens. A lower income tax on citizens would also further boost citizens’ consumer purchasing power in economy.

A sustainable economy should not only create more manufacturing jobs but also creates a number of service sector jobs catering to these manufacturing facilities.  The virtual offshoring of most facilities from the United States in order to increase corporate profits, has produced the progressive diminishing of the employment base to most Americans in both intellectual and economic terms.  The increasing Mergers and Acquisitions happening in semiconductor industry are not going to help but hurt this industry. Indeed, the lack of liquidity in the last seven years has not helped this situation either and hence the ownership of companies catering to the IoT market should be with the employees of those companies, as being the arbiters of their chosen investment locales and facets.

While ushering the IoT Revolution, businesses can play an important role in eliminating global poverty and unemployment through a productive use of technology. An unproductive use of any technology makes the progress of that technology unsustainable and hence ‘Sustaining Moore’s Law’ advocates a productive use of technology to eliminate the present uncertainty of ushering an IoT revolution due to a global macroeconomic crisis. It would help sustain the progress of Moore’s law and will bring an end to wage stagnation, and hence, the living standard will start to rise for all.

As is common knowledge, all indications are that the Western economy is in for a very rough ride, in particular because the Western individualized world has sacrificed so much of its social, cultural, and industrial base to external interests, and in the process has outsourced large chunks of its technical skills and know-how to foreign agencies and lands. Life on other continents on the other hand seems to have retained more of a traditional structure. Therefore it seems probable that a sinking global economy and the eventual collapse of crony capitalism, as we know it, would harm the First and Second Worlds infinitely more than the Third. However,  ‘Sustaining Moore’s Law’ presents a blueprint to usher in the next big thing of IoT Revolution for not only developed economies but also for developing economies like India.

The semiconductor industry in United States has been on the downhill along with many others. It is well known that manufacturing is fast becoming an endangered species in the United States, employing less than 10 percent of the labor force now. Semiconductors have been hit especially hard by low-wage competition from China and some other Asian nations. Dallas/Maxim just announced they are closing their production facilities in Dallas and the Failure Analysis lab along with it. Many of my ex-colleagues that were layed off from Kilby/Process Development a year ago have not found a job yet. Qualcomm is laying off 15% of its workforce and the Broadcom/Avago merger is going to create a wave of restructuring layoffs too. Hence, the Uncertainty of ushering about an IoT Revolution seems insurmountable to the industry at large.

A Management Crisis in High Tech Industry

Since the 1960s the semiconductor industry has been a driver of global economic growth and social change. Each country involved wants a large, viable semiconductor industry that provides high paying jobs. The ongoing technical and managerial crises needs a detail analysis to examine the industry from a macroeconomic perspective, helping readers understand how global competitive advantage can be won or lost unless good macroeconomic policies are implemented. This study is very relevant in today’s world and the highly dynamic semiconductor industry, since things move so fast in this digital age. Though a US-centric book, it will be very useful for the developing world as well. There is also a chapter dedicated to semiconductor manufacturing in developing economies like India.

This is the first book for which world renowned Professor of Economics and author of six international best sellers, Professor Ravi Batra, has written the Foreword. Professor Batra considers the solutions presented in this book to be both monumental as well as practical to implement. In 1978, To the laughter of many and derision of a few, Professor Ravi Batra authored a book “The Downfall of Capitalism and Communism: A New Study of History“. While his forecasts about collapse of communism earned him a gold medal of honor from Prime minister of Italy, he thinks that unless US Capitalism reforms towards a free market economy, US Capitalism is going to meet the fate of Soviet Communism due to huge concentration of wealth in the economy.

It is another interesting book as it not only focuses on technological growth but also offers solutions to make that growth sustainable by a sustainable macroeconomic growth. The book is published by Morgan and Claypool Publishers and will be available as an e-book as early as end of August 2015.

By Apek Mulay.

Global Semiconductor Industry is Headed for a Monumental Transformation to Usher in IoT Revolution

Internet of Things Spending by Vertical Market

ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new IDC report entitled “Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“, which defines the IT opportunity for  all vertical markets that comprise  the burgeoning Internet of Things market. The new report segments the IoT market as well as provides a forecast that illustrates which vertical industries show the greatest market opportunity over the next several years.

As the Internet of Things IoT market starts to coalesce in both concept and solution offering, IDC recommends vendors take the next step and look at this huge IT opportunity in a more realistic and valuable framework. As exciting as the overall opportunity for the IoT market currently exists, understanding the vertical ramifications is paramount. All of the greatest IoT IT opportunities — from the connected home, smart meters, the connected car, and smart grid to personal wellness and connected health — are driven from a vertical market perspective.

The Internet of Things market must be understood in terms of vertical markets because the value of IoT is based on individual use cases across all markets. Successful sales and marketing efforts by vendors will be based on understanding the most lucrative verticals that offer current growth and future potential and then creating solutions for specific use cases that address industry-specific business processes.

IDC defines the Internet of Things concept as a wired or wireless network connecting devices, or “things,” that is characterized by autonomous provisioning, management, and monitoring. IoT already impacts our everyday life down to the smallest processes. The vertical opportunity that arises from IoT is already in play, but only if the need for vertical expertise is recognized and offered. Realizing the existence of vertical opportunity is the first step to understanding the impact — and therefore market opportunity that exists — for IT vendors. In addition:

• IDC has looked at the components, processes, and IT support for IoT and expects the technology and services revenue to expand from $4.8 trillion in 2012 to $7.3 trillion by 2017 at an 8.8% CAGR, with the greatest opportunity initially in the consumer, discrete manufacturing, and government vertical industries.


• The IoT/M2M market is growing quickly, but the development of this market will not be consistent across all vertical markets. Industries that already “understand” IoT will see the most immediate growth, such as industrial production/automotive, transportation, and energy/utilities. However, all verticals will reflect great opportunity.


• IoT is a derivative market containing many elements, including horizontal IT components as well as vertical and industry-specific IT elements. It is these vertical components where IT vendors will have to distinguish themselves to address industry-specific IoT needs.


• IoT opens up many IT vendors to the consumer market, providing B2B2C services to connect and run homes and automobiles — all the places that electronic devices will have a networking capability.

According to the report, the first step to understand how vendors can position themselves will be to understand the components of the IoT/M2M IT ecosphere. Because this is a derivative market, there are many opportunities for vendors to offer parts or product suites that cover the needed IoT IT set. And vendors will have incentive to do so due to rapid growth which will occur as industries see the convenience, productivity, and efficiency that IoT brings to business processes. Accordingly, while horizontal-focused IT vendors will look to offer IoT solutions that appeal to many industries, there will also be impetus to offer vertical-focused solutions that make IoT tangible for both industries applications (M2M) and consumer needs (B2B2C).

The IoT market will greatly impact and offer the potential for vertical-aligned businesses to improve both performance and profitability. The IoT solutions space will expand exponentially and will offer every business endless IoT-focused solutions. The initial strategy of businesses should be to avoid choosing IoT-based solutions that will solve only immediate concerns and lack ‘staying power.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: “”Worldwide Internet of Things Spending by Vertical Market 2015–2018 Forecast“

Internet of Things Spending by Vertical Market

Global Semiconductor Industry is Headed for a Monumental Transformation to Usher in IoT Revolution

The upcoming IoT Revolution hopes to connect 50 billion devices by end of 2020. The IoT Revolution aims at transforming Retail Sales industry, Aerospace and Defense Industry, Wholesale Distribution industry, Utilities industry, Oil and Gas Industry, Mining and Metal Industry, Industrial Machinery and Component manufacturing, Chemical Industry, Automotive Industry, etc.

Every aspect of IoT seems to be revolutionary. There is also a good chance of IoT Revolution to improve the quality of life for entire human society. While the technology has an important role to play in creating ample job opportunities in global economy, if care not taken by policy makers, IoT market growth would be restricted.

Internet of Things has an  important role to play in the progress of today’s knowledge based economy. If the global economy cannot transition to a sustainable economy, IoT Revolution cannot become a reality. Additionally, IoT Revolution should not only come through increase in consumer purchasing power that gives increased consumer demand for goods but it should also ensure that the higher purchasing power comes through hard work and not by means of providing any dole-outs.

The IoT Revolution is very much feasible for every economy in this world as long as the playing field is leveled and the competition between them is fair. A true free market economy is essential for bringing about this next big thing. These free markets should be beneficial for not only producers but also consumer of goods. Sustainable manufacturing is essential in order to transition to next generation ecological fab. IoT Revolution also has the capacity to bring the environmental pollution under control by means of ushering a balanced economy which results in neither overproduction of goods nor underutilization of available resources.

For IoT Revolution to happen, wide range of macroeconomic principles have to be applied to existing industrial policies that helps transition the top-down hierarchical corporate culture to a more flatter organization having less rigid hierarchy. Such an organization with decentralized power and authority has a capability to increase collaboration amongst its employees through a consensus in decision making process as well as boost the efficiency of organization in order to be able to contribute towards a strong local economic development. While ensuring a success of IoT Revolution, care needs to be taken that the trade policies do not encourage counterfeiting of electronics. Majority of IoT applications will be human centric and hence counterfeits have to be not only minimized but completely eliminated from supply chain to avoid life-threatening situations from the use of IoT products.

Both producers and consumers have to prosper for a robust growth of IoT sector. The worker productivity is the main source of supply while wages are the main source of demand. If productivity rises faster than wages, then supply rises faster than demand. This results in overproduction and forces the manufacturer to fire workers. Producers are the suppliers of goods, and consumers generate the demand for these goods. Consumer demand, being dependent on wages, is sustainable only if the consumers as workers earn higher salaries. If the wages of consumers do not catch up with increased supply of goods, the supplier of goods is unable to sell all that he/she has manufactured. Hence, the monetary policy of any country needs to ensure that wages catch up with productivity. By ensuring wages catch up with productivity; it is very feasible to create plenty of jobs in economy and maintain the incentives to work hard. In this way, there is no need of excessive government spending and hence deficits, which would also reduce the direct and indirect taxes on citizens. A lower income tax on citizens would also further boost citizens’ consumer purchasing power in economy.

A sustainable economy should not only create more manufacturing jobs but also creates a number of service sector jobs catering to these manufacturing facilities.  The virtual offshoring of most facilities from the United States in order to increase corporate profits, has produced the progressive diminishing of the employment base to most Americans in both intellectual and economic terms.  The increasing Mergers and Acquisitions happening in semiconductor industry are not going to help but hurt this industry. Indeed, the lack of liquidity in the last seven years has not helped this situation either and hence the ownership of companies catering to the IoT market should be with the employees of those companies, as being the arbiters of their chosen investment locales and facets.

While ushering the IoT Revolution, businesses can play an important role in eliminating global poverty and unemployment through a productive use of technology. An unproductive use of any technology makes the progress of that technology unsustainable and hence ‘Sustaining Moore’s Law’ advocates a productive use of technology to eliminate the present uncertainty of ushering an IoT revolution due to a global macroeconomic crisis. It would help sustain the progress of Moore’s law and will bring an end to wage stagnation, and hence, the living standard will start to rise for all.

As is common knowledge, all indications are that the Western economy is in for a very rough ride, in particular because the Western individualized world has sacrificed so much of its social, cultural, and industrial base to external interests, and in the process has outsourced large chunks of its technical skills and know-how to foreign agencies and lands. Life on other continents on the other hand seems to have retained more of a traditional structure. Therefore it seems probable that a sinking global economy and the eventual collapse of crony capitalism, as we know it, would harm the First and Second Worlds infinitely more than the Third. However,  ‘Sustaining Moore’s Law’ presents a blueprint to usher in the next big thing of IoT Revolution for not only developed economies but also for developing economies like India.

The semiconductor industry in United States has been on the downhill along with many others. It is well known that manufacturing is fast becoming an endangered species in the United States, employing less than 10 percent of the labor force now. Semiconductors have been hit especially hard by low-wage competition from China and some other Asian nations. Dallas/Maxim just announced they are closing their production facilities in Dallas and the Failure Analysis lab along with it. Many of my ex-colleagues that were layed off from Kilby/Process Development a year ago have not found a job yet. Qualcomm is laying off 15% of its workforce and the Broadcom/Avago merger is going to create a wave of restructuring layoffs too. Hence, the Uncertainty of ushering about an IoT Revolution seems insurmountable to the industry at large.

A Management Crisis in High Tech Industry

Since the 1960s the semiconductor industry has been a driver of global economic growth and social change. Each country involved wants a large, viable semiconductor industry that provides high paying jobs. The ongoing technical and managerial crises needs a detail analysis to examine the industry from a macroeconomic perspective, helping readers understand how global competitive advantage can be won or lost unless good macroeconomic policies are implemented. This study is very relevant in today’s world and the highly dynamic semiconductor industry, since things move so fast in this digital age. Though a US-centric book, it will be very useful for the developing world as well. There is also a chapter dedicated to semiconductor manufacturing in developing economies like India.

This is the first book for which world renowned Professor of Economics and author of six international best sellers, Professor Ravi Batra, has written the Foreword. Professor Batra considers the solutions presented in this book to be both monumental as well as practical to implement. In 1978, To the laughter of many and derision of a few, Professor Ravi Batra authored a book “The Downfall of Capitalism and Communism: A New Study of History“. While his forecasts about collapse of communism earned him a gold medal of honor from Prime minister of Italy, he thinks that unless US Capitalism reforms towards a free market economy, US Capitalism is going to meet the fate of Soviet Communism due to huge concentration of wealth in the economy.

It is another interesting book as it not only focuses on technological growth but also offers solutions to make that growth sustainable by a sustainable macroeconomic growth. The book is published by Morgan and Claypool Publishers and will be available as an e-book as early as end of August 2015.

By Apek Mulay.

Global Semiconductor Industry is Headed for a Monumental Transformation to Usher in IoT Revolution

Wireless M2M & IoT Market Opportunities Report

Global spending on wireless M2M technology is expected to reach nearly $200 Billion by the end of 2014. Despite its low ARPU, the wireless M2M market has become a key focus of many mobile network operators as their traditional voice and data markets become saturated. Likewise, government and regulatory initiatives such as the EU initiatives to have a smart meter penetration level of 80% by 2020 and the mandatory inclusion of automotive safety systems such as eCall in all new car models, have also helped to drive overall wireless M2M connections and revenue.

By enabling network connectivity among physical objects, M2M has initiated the vision of the Internet of Things (IoT) – a global network of sensors, equipment, appliances, computing devices, and other objects that can communicate in real time. This gives rise of a multitude of application possibilities including but not limited to location tracking, diagnostics, process automation, remote monitoring/control and even entertainment. Given the vast array of M2M and IoT applications, the industry has attracted attention from a multitude of vertical market segments.

Consequently we expect the wireless M2M market to account for $196 Billion in revenue by the end of 2020, following a CAGR of 21% during the six year period between 2014 and 2020. Eyeing this lucrative opportunity, vendors and service providers across the highly fragmented M2M value chain have become increasing innovative in their strategies and technology offerings which have given rise to a number of submarkets such as M2M network security, Connected Device Platforms (CDP) and M2M application platforms.

The “The Wireless M2M & IoT Bible: 2014 – 2020” report presents an in-depth assessment of the global wireless M2M market.  In addition to covering the business case, the challenges, the industry’€™s roadmap, value chain analysis, deployment case studies, and the vertical market ecosystem, vendor service/product strategies and strategic recommendations, the report also presents comprehensive forecasts for the wireless M2M market from 2014 till 2020, including an individual assessment of the following submarkets: Network Connectivity, Application Services, Embedded Cellular M2M Modules, Network Security, Connected Device Platforms (CDP), Application Platforms (Application Enablement Platforms, AEP and Application Development Platforms, ADP), Integration Services and Enabling Technologies. The forecasts and historical revenue figures are individually segmented for eight vertical markets, Eight air interface technologies, six geographical regions and 53 countries.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: The Wireless M2M & IoT Bible: 2014-2020 – Opportunities, Challenges, Strategies, Industry Verticals and Forecasts.

 

Wireless M2M & IoT Market Opportunities Report

Global Semiconductor Industry is Headed for a Monumental Transformation to Usher in IoT Revolution

The upcoming IoT Revolution hopes to connect 50 billion devices by end of 2020. The IoT Revolution aims at transforming Retail Sales industry, Aerospace and Defense Industry, Wholesale Distribution industry, Utilities industry, Oil and Gas Industry, Mining and Metal Industry, Industrial Machinery and Component manufacturing, Chemical Industry, Automotive Industry, etc.

Every aspect of IoT seems to be revolutionary. There is also a good chance of IoT Revolution to improve the quality of life for entire human society. While the technology has an important role to play in creating ample job opportunities in global economy, if care not taken by policy makers, IoT market growth would be restricted.

Internet of Things has an  important role to play in the progress of today’s knowledge based economy. If the global economy cannot transition to a sustainable economy, IoT Revolution cannot become a reality. Additionally, IoT Revolution should not only come through increase in consumer purchasing power that gives increased consumer demand for goods but it should also ensure that the higher purchasing power comes through hard work and not by means of providing any dole-outs.

The IoT Revolution is very much feasible for every economy in this world as long as the playing field is leveled and the competition between them is fair. A true free market economy is essential for bringing about this next big thing. These free markets should be beneficial for not only producers but also consumer of goods. Sustainable manufacturing is essential in order to transition to next generation ecological fab. IoT Revolution also has the capacity to bring the environmental pollution under control by means of ushering a balanced economy which results in neither overproduction of goods nor underutilization of available resources.

For IoT Revolution to happen, wide range of macroeconomic principles have to be applied to existing industrial policies that helps transition the top-down hierarchical corporate culture to a more flatter organization having less rigid hierarchy. Such an organization with decentralized power and authority has a capability to increase collaboration amongst its employees through a consensus in decision making process as well as boost the efficiency of organization in order to be able to contribute towards a strong local economic development. While ensuring a success of IoT Revolution, care needs to be taken that the trade policies do not encourage counterfeiting of electronics. Majority of IoT applications will be human centric and hence counterfeits have to be not only minimized but completely eliminated from supply chain to avoid life-threatening situations from the use of IoT products.

Both producers and consumers have to prosper for a robust growth of IoT sector. The worker productivity is the main source of supply while wages are the main source of demand. If productivity rises faster than wages, then supply rises faster than demand. This results in overproduction and forces the manufacturer to fire workers. Producers are the suppliers of goods, and consumers generate the demand for these goods. Consumer demand, being dependent on wages, is sustainable only if the consumers as workers earn higher salaries. If the wages of consumers do not catch up with increased supply of goods, the supplier of goods is unable to sell all that he/she has manufactured. Hence, the monetary policy of any country needs to ensure that wages catch up with productivity. By ensuring wages catch up with productivity; it is very feasible to create plenty of jobs in economy and maintain the incentives to work hard. In this way, there is no need of excessive government spending and hence deficits, which would also reduce the direct and indirect taxes on citizens. A lower income tax on citizens would also further boost citizens’ consumer purchasing power in economy.

A sustainable economy should not only create more manufacturing jobs but also creates a number of service sector jobs catering to these manufacturing facilities.  The virtual offshoring of most facilities from the United States in order to increase corporate profits, has produced the progressive diminishing of the employment base to most Americans in both intellectual and economic terms.  The increasing Mergers and Acquisitions happening in semiconductor industry are not going to help but hurt this industry. Indeed, the lack of liquidity in the last seven years has not helped this situation either and hence the ownership of companies catering to the IoT market should be with the employees of those companies, as being the arbiters of their chosen investment locales and facets.

While ushering the IoT Revolution, businesses can play an important role in eliminating global poverty and unemployment through a productive use of technology. An unproductive use of any technology makes the progress of that technology unsustainable and hence ‘Sustaining Moore’s Law’ advocates a productive use of technology to eliminate the present uncertainty of ushering an IoT revolution due to a global macroeconomic crisis. It would help sustain the progress of Moore’s law and will bring an end to wage stagnation, and hence, the living standard will start to rise for all.

As is common knowledge, all indications are that the Western economy is in for a very rough ride, in particular because the Western individualized world has sacrificed so much of its social, cultural, and industrial base to external interests, and in the process has outsourced large chunks of its technical skills and know-how to foreign agencies and lands. Life on other continents on the other hand seems to have retained more of a traditional structure. Therefore it seems probable that a sinking global economy and the eventual collapse of crony capitalism, as we know it, would harm the First and Second Worlds infinitely more than the Third. However,  ‘Sustaining Moore’s Law’ presents a blueprint to usher in the next big thing of IoT Revolution for not only developed economies but also for developing economies like India.

The semiconductor industry in United States has been on the downhill along with many others. It is well known that manufacturing is fast becoming an endangered species in the United States, employing less than 10 percent of the labor force now. Semiconductors have been hit especially hard by low-wage competition from China and some other Asian nations. Dallas/Maxim just announced they are closing their production facilities in Dallas and the Failure Analysis lab along with it. Many of my ex-colleagues that were layed off from Kilby/Process Development a year ago have not found a job yet. Qualcomm is laying off 15% of its workforce and the Broadcom/Avago merger is going to create a wave of restructuring layoffs too. Hence, the Uncertainty of ushering about an IoT Revolution seems insurmountable to the industry at large.

A Management Crisis in High Tech Industry

Since the 1960s the semiconductor industry has been a driver of global economic growth and social change. Each country involved wants a large, viable semiconductor industry that provides high paying jobs. The ongoing technical and managerial crises needs a detail analysis to examine the industry from a macroeconomic perspective, helping readers understand how global competitive advantage can be won or lost unless good macroeconomic policies are implemented. This study is very relevant in today’s world and the highly dynamic semiconductor industry, since things move so fast in this digital age. Though a US-centric book, it will be very useful for the developing world as well. There is also a chapter dedicated to semiconductor manufacturing in developing economies like India.

This is the first book for which world renowned Professor of Economics and author of six international best sellers, Professor Ravi Batra, has written the Foreword. Professor Batra considers the solutions presented in this book to be both monumental as well as practical to implement. In 1978, To the laughter of many and derision of a few, Professor Ravi Batra authored a book “The Downfall of Capitalism and Communism: A New Study of History“. While his forecasts about collapse of communism earned him a gold medal of honor from Prime minister of Italy, he thinks that unless US Capitalism reforms towards a free market economy, US Capitalism is going to meet the fate of Soviet Communism due to huge concentration of wealth in the economy.

It is another interesting book as it not only focuses on technological growth but also offers solutions to make that growth sustainable by a sustainable macroeconomic growth. The book is published by Morgan and Claypool Publishers and will be available as an e-book as early as end of August 2015.

By Apek Mulay.

Global Semiconductor Industry is Headed for a Monumental Transformation to Usher in IoT Revolution

Global Semiconductor Industry is Headed for a Monumental Transformation to Usher in IoT Revolution

The upcoming IoT Revolution hopes to connect 50 billion devices by end of 2020. The IoT Revolution aims at transforming Retail Sales industry, Aerospace and Defense Industry, Wholesale Distribution industry, Utilities industry, Oil and Gas Industry, Mining and Metal Industry, Industrial Machinery and Component manufacturing, Chemical Industry, Automotive Industry, etc.

Every aspect of IoT seems to be revolutionary. There is also a good chance of IoT Revolution to improve the quality of life for entire human society. While the technology has an important role to play in creating ample job opportunities in global economy, if care not taken by policy makers, IoT market growth would be restricted.

Internet of Things has an  important role to play in the progress of today’s knowledge based economy. If the global economy cannot transition to a sustainable economy, IoT Revolution cannot become a reality. Additionally, IoT Revolution should not only come through increase in consumer purchasing power that gives increased consumer demand for goods but it should also ensure that the higher purchasing power comes through hard work and not by means of providing any dole-outs.

The IoT Revolution is very much feasible for every economy in this world as long as the playing field is leveled and the competition between them is fair. A true free market economy is essential for bringing about this next big thing. These free markets should be beneficial for not only producers but also consumer of goods. Sustainable manufacturing is essential in order to transition to next generation ecological fab. IoT Revolution also has the capacity to bring the environmental pollution under control by means of ushering a balanced economy which results in neither overproduction of goods nor underutilization of available resources.

For IoT Revolution to happen, wide range of macroeconomic principles have to be applied to existing industrial policies that helps transition the top-down hierarchical corporate culture to a more flatter organization having less rigid hierarchy. Such an organization with decentralized power and authority has a capability to increase collaboration amongst its employees through a consensus in decision making process as well as boost the efficiency of organization in order to be able to contribute towards a strong local economic development. While ensuring a success of IoT Revolution, care needs to be taken that the trade policies do not encourage counterfeiting of electronics. Majority of IoT applications will be human centric and hence counterfeits have to be not only minimized but completely eliminated from supply chain to avoid life-threatening situations from the use of IoT products.

Both producers and consumers have to prosper for a robust growth of IoT sector. The worker productivity is the main source of supply while wages are the main source of demand. If productivity rises faster than wages, then supply rises faster than demand. This results in overproduction and forces the manufacturer to fire workers. Producers are the suppliers of goods, and consumers generate the demand for these goods. Consumer demand, being dependent on wages, is sustainable only if the consumers as workers earn higher salaries. If the wages of consumers do not catch up with increased supply of goods, the supplier of goods is unable to sell all that he/she has manufactured. Hence, the monetary policy of any country needs to ensure that wages catch up with productivity. By ensuring wages catch up with productivity; it is very feasible to create plenty of jobs in economy and maintain the incentives to work hard. In this way, there is no need of excessive government spending and hence deficits, which would also reduce the direct and indirect taxes on citizens. A lower income tax on citizens would also further boost citizens’ consumer purchasing power in economy.

A sustainable economy should not only create more manufacturing jobs but also creates a number of service sector jobs catering to these manufacturing facilities.  The virtual offshoring of most facilities from the United States in order to increase corporate profits, has produced the progressive diminishing of the employment base to most Americans in both intellectual and economic terms.  The increasing Mergers and Acquisitions happening in semiconductor industry are not going to help but hurt this industry. Indeed, the lack of liquidity in the last seven years has not helped this situation either and hence the ownership of companies catering to the IoT market should be with the employees of those companies, as being the arbiters of their chosen investment locales and facets.

While ushering the IoT Revolution, businesses can play an important role in eliminating global poverty and unemployment through a productive use of technology. An unproductive use of any technology makes the progress of that technology unsustainable and hence ‘Sustaining Moore’s Law’ advocates a productive use of technology to eliminate the present uncertainty of ushering an IoT revolution due to a global macroeconomic crisis. It would help sustain the progress of Moore’s law and will bring an end to wage stagnation, and hence, the living standard will start to rise for all.

As is common knowledge, all indications are that the Western economy is in for a very rough ride, in particular because the Western individualized world has sacrificed so much of its social, cultural, and industrial base to external interests, and in the process has outsourced large chunks of its technical skills and know-how to foreign agencies and lands. Life on other continents on the other hand seems to have retained more of a traditional structure. Therefore it seems probable that a sinking global economy and the eventual collapse of crony capitalism, as we know it, would harm the First and Second Worlds infinitely more than the Third. However,  ‘Sustaining Moore’s Law’ presents a blueprint to usher in the next big thing of IoT Revolution for not only developed economies but also for developing economies like India.

The semiconductor industry in United States has been on the downhill along with many others. It is well known that manufacturing is fast becoming an endangered species in the United States, employing less than 10 percent of the labor force now. Semiconductors have been hit especially hard by low-wage competition from China and some other Asian nations. Dallas/Maxim just announced they are closing their production facilities in Dallas and the Failure Analysis lab along with it. Many of my ex-colleagues that were layed off from Kilby/Process Development a year ago have not found a job yet. Qualcomm is laying off 15% of its workforce and the Broadcom/Avago merger is going to create a wave of restructuring layoffs too. Hence, the Uncertainty of ushering about an IoT Revolution seems insurmountable to the industry at large.

A Management Crisis in High Tech Industry

Since the 1960s the semiconductor industry has been a driver of global economic growth and social change. Each country involved wants a large, viable semiconductor industry that provides high paying jobs. The ongoing technical and managerial crises needs a detail analysis to examine the industry from a macroeconomic perspective, helping readers understand how global competitive advantage can be won or lost unless good macroeconomic policies are implemented. This study is very relevant in today’s world and the highly dynamic semiconductor industry, since things move so fast in this digital age. Though a US-centric book, it will be very useful for the developing world as well. There is also a chapter dedicated to semiconductor manufacturing in developing economies like India.

This is the first book for which world renowned Professor of Economics and author of six international best sellers, Professor Ravi Batra, has written the Foreword. Professor Batra considers the solutions presented in this book to be both monumental as well as practical to implement. In 1978, To the laughter of many and derision of a few, Professor Ravi Batra authored a book “The Downfall of Capitalism and Communism: A New Study of History“. While his forecasts about collapse of communism earned him a gold medal of honor from Prime minister of Italy, he thinks that unless US Capitalism reforms towards a free market economy, US Capitalism is going to meet the fate of Soviet Communism due to huge concentration of wealth in the economy.

It is another interesting book as it not only focuses on technological growth but also offers solutions to make that growth sustainable by a sustainable macroeconomic growth. The book is published by Morgan and Claypool Publishers and will be available as an e-book as early as end of August 2015.

By Apek Mulay.

Global Semiconductor Industry is Headed for a Monumental Transformation to Usher in IoT Revolution