I’m presenting on Thursday for a HackThings Meetup in Seattle at the offices of Madrona (a Seattle-based venture capital firm). I’ve been putting together the presentation for the past couple of days and I’m starting to get pretty excited about it.
The gist of the discussion is around my belief that hardware development is about to take off again. I see many signs in the tea leaves that make me believe that we’re on the verge of a huge uptick in hardware product development. My belief is that the majority of this uptick is going to happen behind the scenes. Non-consumer products will dominate the trend. Some call it Machine-to-Machine (M2M) others call it the Internet of Things. My belief is that the two terms are complimentary. M2M is the development of the back-end platform(s) that enable the front-end hardware (the Things of the Internet). One can’t happen without the other.
Companies like Deloitte are touting the boom of M2M as well. I’ve seen wildly varying projections when it comes to the connections of “Things” to the Internet. All of the numbers are in the Billions. Example:
By the year 2020 we will see 50,000,000,000 devices with connections to the Internet. – Wavefront AC
To put that number in perspective, there are 100,000,000,000 stars in the Milky Way Galaxy. It’s a pretty unfathomable number. Considering we’re poised to pass (if we haven’t already) the equivalent of one connected device per person on the planet in 2013 (7.067 as per Wikipedia), there is a lot of work to be done by 2020 to hit 50 Billion connected devices.
If my invitation to present down at Madrona is any indication, they’re paying attention to these numbers and are looking at hardware investments. If you’re a Designer, you should be seeing the same opportunities I am here. With the tight integration needed between hardware and software that will be needed there is a LOT of work to be done on the User Experience and Industrial Design fronts. Which is part of what I’m going to be espousing on Thursday.
If you’re a Designer, what opportunities do you see in the numbers being presented above? What concerns?