Horizon 2020 IoT 5G: Europe Grasping For ICT Relevance - IoT Innovation Episode 23

This week on IoT Innovation, RCR Wireless News takes a look at Horizon 2020 IoT and 5G, the European Union's €80 billion plan to drive job and economic growth while keeping the EU competitive globally.

IoT Innovation is sponsored by Anritsu and Telecomcareers, a leading industry career site with over 240,000 searchable industry resumes.

On this week's IoT Innovation program, RCR Wireless News reviews the European Union's Horizon 2020 IoT 5g programs. Areas covered include:

- The global battle for IoT supremacy - China, EU, USA
- Horizon 2020 - Europe’s Digital Agenda Primer
- Horizon 2020 - Future of the Internet to include network and IoT technologies
- Finally, we will provide a links to resources


The global battle for IoT supremacy: China, Europe, and USA

Who is going to challenge China for IoT 5G dominance? Europe or the United States? On this week’s IoT Innovation episode, we provide viewers with a primer on Horizon 2020, the European Commission’s seven-year, €80 billion government sponsored policy plan aimed at driving jobs, economic growth and global competitiveness.

Kevin Ashton, who coined the phrase “The Internet of Things", recently ranked China and Germany as number 1 and 2 in terms of IoT leadership. He went on to say that the United States was ready to drop from 3rd to 4th place behind South Korea.

What is at stake? In short, jobs and economic growth. IoT is much, much more than a dot com or millennial buzzword. IoT is effectively the digital Olympics, which will decide which country will be the ICT leader for decades to come.

To put things in perspective, consider the following statistics:

GE believes that the “Industrial Internet”, their term for IoT, will add $10 to $15 trillion to global GDP in the next 20 years.
McKinsey Global Institute predicts that IoT will have a total economic impact of up to $11 trillion by 2025.
CISCO believes the IoT could generate $4.6 trillion over the next ten years for the public sector, and $14.4 trillion for the private sector.
GSMA declared China the IoT leader in terms of IoT revenue and M2M connections
Government policy appears to be driving IoT and 5G success. For example, China's Made in China 2025 coupled with their "Internet Plus" strategy; Europe's Horizon 2020 program and finally, Germany's Industrie 4.0 IoT strategic plan
The United States does not have a cohesive IoT strategy. Join us next week for a more detailed program on US Government versus Industry led IoT programs

Horizon 2020 - Europe’s Digital Agenda Primer

What is Horizon 2020? It is Europe’s seven year, digital agenda to invest $80 billion euros on three pillars and two specific objectives:

Horizon 2020 - Three pillars
- Excellent Science - €24 billion
- Industrial Leadership - €17 billion
- Societal Change - €29.7 billion

Horizon 2020 - Two specific objectives
- Spreading Excellence and Widening Participation
- Science with and for Society

Show more