Forbes’ Howard Baldwin wrote an article on March 26th about the Internet of Things and its importance for CIOs, referencing PPI’s Michael Mandel presentation for the Washington Post‘s “All Things Connected” event:
The webinar launched with one of the best explanations of the Internet of Things I’ve heard, from Michael Mandel, chief economic strategist, Progressive Policy Institute. He described the Internet of Things as the “extension of the Internet to the physical world. The Internet has transformed digital industries, while the Internet of Things will transform physical industries.” The former represent about 20% of the GDP, Mandel said, but physical industries – manufacturing, transportation, public service, health care – represents the other 80%. That in turn represents a huge impact to the economy.
Read the entire article on Forbes website here.
