Organised by Forum Europe, the 2015 edition of the annual Internet of Things European Summit took place at the Management Centre Europe in Brussels. The 3-day summit brought together 200+ delegates, including the key European decision makers and leading industry stakeholders. It offered a dual policy and business opportunity for stakeholders, and included high-level discussions on the key policy considerations and numerous commercial opportunities available to companies across different sectors, including Transport, Retail, Health & Wellbeing, Energy and the Industrial Internet.
Day 1 featured a high-level keynote session focusing on the current IoT ecosystem and also put IoT in the wider context of the Digital Single Market. Days 2 and 3 shifted the discussions and focus more on the disruptive nature of IoT technologies and solutions, and explored the number of exciting new business opportunities available via 7 sector-specific 'smart sessions'. Each smart session covered a specific sector and the role that IoT is playing in this particular area, with emphasis on innovation, challenges and collaborations.
More than ever, both public and private sectors are looking for ways to adapt to the uncertain economic climate and to help spur economic regeneration. In addition, the demands to respond to the changing needs of citizens worldwide and to use resources more efficiently also remain paramount.
The Internet of Things is seen by many stakeholders as the golden ticket to help tackle these challenges. Companies worldwide, including traditional economies and those industries associated with the primary sector, are now fully realising the potential of the different technologies. At the same time governments are also becoming increasingly aware of the role that IoT can play in meeting national priorities and softening the burden on the public purse.
Despite this, and in order to fully realise the potential of these technologies in both new and existing industries, a number of challenges must be overcome - balancing innovation with the need for protecting data and devices; encouraging industry collaborations and openness; delivering the networks that provide the required bandwidth; and creating awareness and achieving buy-in from both individuals and organisations.
This summit examined the current IoT ecosystem in Europe and explored the role of IoT in helping to make Europe a world leader in this area. Participants also discussed the various opportunities and challenges that different industries face, and were encouraged to examine the role of IoT in the key sectors by attending dedicated 'smart sessions' on days 2 and 3.
Further information on the event can be found on the event website here.