Will IoT Make the Internet the King of the World – Valuer

Will IoT Make the Internet the King of the World – Valuer


My name is Latif Ladid, I’m based in Luxembourg and I’m the founder and president of the IPv6 forum. Aarhus is, you know, a place that has a big place in my heart because, I used to work here back in the 90s. We were about 120 people and we invented the first IPv6 routers in
the world, which basically gave me the opportunity to start the IPv6 forum
together with some of the best engineers within the Internet communities. That’s an amazing world that made the Internet happen today. IoT is still focused on non-IP connectivity, so it isn’t really connected to the Internet. Only
few things are done. So, what we have to add is – we have to add the new version
IPv6, so that we have real Internet of Things to be working in all
kind of environments, so using an Open Protocol instead of a Telecom Protocol. In the markets by 2025, we’ll be going beyond 3 trillion dollars, if not up
to 11 trillion dollars which will be the largest communication market in the
world. But overall you need high bandwidths, because by 2021, 4G
capacity will not be enough in the big towns, so 5G is needed anyway, so the work that has been done by the researchers so far, you know, is going to be paid off quickly. Probably by 2025 it could be that we will have, you know, big chunk of
connectivity done through 5G, so 50% of the world will be connecting by them. I guess, you know, for startups, there are
so many opportunities, so they have to look at the low-hanging fruits, so it’s
better to do good market study to see where you can perform quickly, then bring
something which is very innovative, so you have to identify exactly where your
expertise is and where the marketing is going to be. So, startups have a really
good chance to do so, because these fits are so niche, so the big players are not
going to be going after these things, so they will see what kind of startups are
going to do that and probably they will buy them in order to fill their
portfolio and to be, you know, a kind of leader in that domain. So, people have to understand how the Internet functions. They have to study that, so
IPv4, IPv6, very tough to learn, so you have to start right in the beginning.
Then you look at the connectivity side, so 4G, 5G and so on… are quite important. So, I would recommend to students to really choose, you know, the
most innovative and crazy professors, who are doing new and crazy stuff and are going to
be among the first guys to be on the market. And we lack skills anyway in the
market, so you see that across Europe – we don’t have engineers, engineers in
technology is… so these days Internet technologies… You need to access technologies like 4G, 5G, and we don’t have enough security experts, do not have cyber
security experts, so there are many new domains that are really running into the
markets, but we don’t have enough workforce, you know, to do that. So, being in this sector, you know, you have a secured a job in the future. Yes! So, as I mentioned, the biggest
market overall would be IoT – no doubt! So anything that has a point of connection
will be valued, will be extremely valued. Then we move into factories or
factories of the future… so, the companies today that are not really taking the
Internet seriously, are going to be the losers tomorrow. So, they have really to jump on it in order to exist, stay in their markets, otherwise the Internet
services are going to be, you know, taking over and then they might disappear, if they don’t look into this. So, ipv6.com or .org. is a non-profit organisation and we organise conferences around the world. We have about twenty summits, IPv6 summits, and, obviously, this event next year, we’ll do it in Copenhagen, since we’re teaming up with the TM forum. So, we expect a stronger presence. So, we’re back to Denmark again, which seems to be, you know, one of the most modern countries and societies and industries in Europe, due to the quality of its people and its
products.

Danny Hutson

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