oneM2M launches new initiative to promote sustainability via IoT technologies and open-standard systems
The industrial Internet of Things (IoT) can add $14 trillion of economic value to the global economy by 2030 according to the World Economic Forum’s “Guidelines for Sustainability”. However, while technology driven change can be a tremendous driver for value creation, some of its side effects, including wasteful usage patterns and throwaway technology, can undermine total gains. This highlights why organizations need to factor first- and second-order sustainability principles in their technology and design choices.
Since 2012, oneM2M has been leading a multi-national, open, and collaborative approach to create an extensible standard for IoT systems. From the outset, oneM2M participants recognized the importance of defining a general-purpose architecture applicable to a wide range of appli...