3 skills you will need by 2020 to be highly employable or do your own startup in the Internet of Things (IoT)
It all started in 1999, when Proctor and Gamble employee Kevin Ashton used the phrase “Internet of Things” in his presentation. His idea was to link the RFID technology in P&G’s supply chain to then-red-hot topic of internet. 15 years after it was first coined, the term has come to describe the future where everything is interconnected. Simona Jankowski of Goldman Sachs Global Investment Research called internet of things “The Third wave”.
The first wave was in 90’s when fixed line connected a billion users to the internet via their desktops. The second one was in 00’s when the number of users doubled to use internet via their mobile devices. We’re now talking about connecting 50 billion “things” to the internet, which is predicted to be the third wave. The bigger question is what kinds of things really should be connected, or why would we connect them. It can be anything from things in your home, like your smoke alarm or security camera, to things on the manufacturing floor, like heavy industrial equipment, to cars and optical fibre and wearable devices.
Everyone on the planet, irrespective of their nation's economy will be impacted by the Internet of Things. It will dwarf every kind of technology platform we’ve seen thus far. And everyone including students entering college as well as adults who long ago graduated in MBA and engineering are scratching their heads asking, “What kinds of jobs will be available a few years from now, and what skills do I need to be employable?” Irrespective of the degree you hold, there are few fundamental skills you’ll need when the third wave hits the market. Your knowledge and ability to adopt these skills will determine your success graph in career.