Samsung: Collaboration Will See IoT Universe Grow

By 2017, all Samsung televisions will be IoT devices, while in five years all Samsung hardware will be IoT-ready.

“The Internet of Things has the potential to transform our society, economy and how we live our lives,” Yoon commented.

“It is our job to pull together – as an industry, and across different sectors – to make true on the promise of the Internet of Things.”

However, no single company will dominate the IoT era, with Samsung stating for the IoT to succeed “companies across all industries will have to collaborate to build the necessary infrastructure and develop the many tailored IoT services that can meet the needs of consumers”.

“I know in my heart that neither one single company nor one industry alone can deliver the benefits of the Internet of Things,” Yoon commented.

“To create this IoT universe, we have to see the potential of the Internet of Things across all kinds of industries. Only if we work together can we improve people’s lives.”

Highlighting Samsung’s commitment to the IoT, Yoon noted that expanding the devices that make up the IoT ecosystem, along with the components that power them, “is the first step in fulfilling the promise” of the IoT.

“Samsung already has a broad range of IoT devices,” Yoon commented. “Last year, Samsung delivered more than 665 million products, and this number is set to increase.