TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Leaders
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Internet of Things

Internet of Things

Samsung calls for IT industry to “think differently” about IoT

Ian Scales
By Ian Scales

Jun 23, 2016

  • Samsung puts money where its mouth is and stumps up $1.2 billion for IoT research
  • Cash is going to two US-based  research centres
  • Samsung is promoting a ‘human centred IoT’ vision

Samsung is determined to catch the IoT wave as the world’s developed smartphone markets saturate and the developing markets choose low priced models. Like many other communications/IT vendors and service providers it sees IoT and M2M as the next stop for the global IT market and it would like it to hurry along to fill a looming revenue gap.  

This week Samsung Electronics Vice Chairman & CEO Dr. Oh-Hyun Kwon outlined the Asian giant’s strategy at a forum it hosted in Washington DC, entitled Internet of Things: Transforming the Future,

Dr Kwon pledged a $1.2 billion spend over four years directed to two Samsung centres in the US -  Samsung Strategy and Innovation Center, Global Innovation Center and Samsung Research America.  This is the latest in a series of IoT moves, most notably a trumpet blast sounded about a year ago when Samsung’s chief executive, BK Yoon, announced a $100 million fund for IoT developers with a view to kick-starting an open system approach to the emerging market. “We can deliver the benefits of IoT only if all sensors can talk to each other,” Yoon said.

Back then we noted that a ‘read between the lines’ indicated that Samsung saw the data collection potential of IoT and wanted to position itself in the middle as chief information gatherer - not exactly an uplifting vision for the next IT wave.

For this outing Vice Chairman Kwon posited a social benefits vision and urged policy-makers and industry leaders to  “start talking and thinking differently about IoT.”  Less about monetising and gadget-selling. More about bringing benefits to society at large.

Kwon talked of a  human-centered approach, embracing the life-changing possibilities of the technology.

“Today, IoT is changing individual lives – helping people to age in their own homes. But tomorrow, using IoT, we can give the same independence to millions of Americans. We can keep people out of hospitals and nursing homes. As our populations live longer, these benefits and cost savings for society cannot be ignored.”

So what’s the problem? Samsung is worried that ‘sector-specific regulations’ could fragment the global development of IoT, preventing easy connectivity and holding back the essential scale benefits that the technologies need to make a major and immediate impact.  Hence the Washington venue and the attempt to get policy-makers informed and on-board.

Related Topics
  • 6G R&I,
  • Analysis & Opinion,
  • Device Software & Apps,
  • Devices,
  • Digital Platforms & Services,
  • Energy & Utilities,
  • Healthcare,
  • Internet of Things,
  • News,
  • Open Source,
  • Policy & Regulation,
  • Smart Cities

More Like This

Access Evolution

What’s up with… German network sharing, Orange, Ericsson

Jan 19, 2021

Access Evolution

How AI and connectivity could unlock a new drone age for industry

Jan 15, 2021

Cloud Native

Nokia and Google Cloud team up on open, cloud native telco edge R&D

Jan 14, 2021

AI, Analytics & Automation

Elisa and camLine to provide data and AI-driven intelligent manufacturing solutions globally

Jan 12, 2021

Digital Platforms & Services

Telefónica Tech and Geprom strengthen their collaboration at an international level to promote the digital transformation of the Connected Industry

Dec 21, 2020

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

1:4:29

Great Telco Debate: Live Debate – Day 2 (On-demand)

1:18:20

Great Telco Debate: Live Debate – Day 3 (On-demand)

43:08

Developing an ecosystem for vRAN

2:23

The TelecomTV Snapshot: The Great Telco Debate 2020 - CSP Highlights

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Leaders
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
[email protected]
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices