The Next Industrial Revolution?

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Are we IoT ready?

Fast forward from 2015 and Internet of Things (IoT) technologies are starting to have a meaningful impact on communities with commentators predicting that recent advancements in ride-sharing and online retail will appear inconsequential in comparison.

With such significant and wide-reaching technological transformations under way, State and Federal governments must continue to adapt quickly as citizens become more tech savvy in their daily lives.  IoT advancements are enabling the creation of data, automated and user-driven control of devices and the development of personalised solutions to problems in almost every industry.

Subsequently, Government bodies must play a role in managing the regulatory, social and ethical consequences of transitioning into a world that will be more interconnected than ever before.

In an article written for the Sydney Morning Herald, Kate Burleigh, Managing Director of Intel Australia predicts 50 billion devices are likely to be connected to the internet by 2020, opening opportunities for increased development, productivity and innovation.

It’s now over two years since talk of IoT started buzzing through the halls of parliaments as a by-product of Prime Minister Malcolm Turnbull’s $1.1 billion innovation agenda. The big question for many government departments today is: how transformation-ready are they to realise the benefits of IoT for their citizens?