Debates about the economic value of the Internet of Things are directly related to

[[email protected]]

Few things in technology are generating as much buzz these days as the Internet
of Things (IoT), but a study last year by McKinsey & Co found that the potential impact of IoT technologies has been underestimated. McKinsey estimates that the IoT market will have an economic impact of $3.9 trillion to $11.1 trillion a year
by 2025 .


questions about how the global economy will function. But
the benchmarks ascribed to emerging technologies are rarely list of iran cell phone numbers accompanied by
larger reflections on the fundamentals and principles that
should guide our economy.

The rise of the Internet of Things can enhance existing paradigms, making
the current take-use-dispose economy even more
efficient, but not without taking into account resource and natural capital issues.

On the other hand, this new connection will also give us the opportunity to rethink the system
that underlies it and support the development of a circular economy. By
definition, a circular economy should be purposefully restorative and
regenerative, while striving to maintain products,
components and materials at the highest quality and most valuable. New
technologies are key to the transition to this model.

Circular economy models are often perceived as a significant business opportunity and have gained popularity over the past five years. The combination of regenerative and restorative economic principles that extend the useful life and useful life of assets, and Internet of Things technologies that provide information about the condition of these assets, their location and availability, can enable new models to scale more efficiently, giving a new direction to the digital revolution.