The Internet of Things – from hype to reality
January 25, 2018 Editor 0
Sensors in elevators that alert government agencies to public safety risks; data from school bags to keep children safe; garbage trucks with the smarts to save cities money… The Internet of Things (IoT) will change everything. That is the conventional wisdom. We set out to look for evidence of this change in the government. How fast is it coming? Is it real? And our findings were mixed – sobering, but also encouraging.
On the plus side, we found government agencies keen to apply IoT to improve their business environment or reduce the burden on businesses while simultaneously increasing compliance. On the downside, very few IoT initiatives have been scaled beyond pilots, the business models to sustain IoT infrastructure are under-developed, and the policy landscape is woefully inadequate. There’s significant potential but it requires systematic, informed work by the government, private sector, and civil society.
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Categories: World Bank PSD
Tags: The Internet of Things
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