Realizing the Internet of Things: A Framework for Collective Action

World Economic Forum  
Policy Initiative: Digital Economy
8. February 2019

At the World Economic Forum Annual Meeting 2017, global leaders highlighted the development of the internet of things (IoT) as one of the most significant emerging technologies, harbouring the potential for massive societal impact. Recognizing this opportunity, the World Economic Forum, the Auto-ID Lab at the Massachusetts Institute of Technology (MIT) and GS1, the global standards organization, collaborated to help define a path forward while ensuring a shared understanding of the pressing challenges facing the development of IoT.

This White Paper presents the findings and outcomes of this work. It includes a framework for analysing the space, the opportunities for impact and the challenges facing the IoT ecosystem. A series of recommendations are also put forward to help the government, the private sector and civil society organizations work together to advance the development of IoT in the public interest.

WEF| Realizing the Internet of Things: A Framework for Collective Action

EPF | Economic Policy Forum

EPF | Economic Policy Forum