STMicroelectronics, a global leader in semiconductor solutions across a wide range of electronic applications, recently announced that Mr. François Guibert, Executive Vice President and President of Greater China and South Asia, will deliver a keynote speech at the 2014 Taipei International Computer Show-IoT Forum (COMPUTEXTAIPEI 2014 - IoT Forum). In his address, he will discuss STMicroelectronics' cutting-edge technologies, strategic direction in the Internet of Things (IoT) space, and how the company is helping to enhance the intelligence and connectivity of everyday devices.
According to Gartner, the number of IoT devices worldwide is expected to surge from 900 million in 2009 to an astonishing 26 billion by 2020—nearly a 30-fold increase. This rapid growth is not just about quantity; it's also about value. Gartner estimates that IoT product service providers could generate over $300 billion in incremental revenue, with the global economic value created by IoT surpassing $1.9 trillion through various end-market applications.
Ji Henghua, a key figure at STMicroelectronics, emphasized the company’s strong commitment to advancing the IoT ecosystem. “We are focused on developing next-generation electronic products using advanced semiconductor technology to help shape a smarter future,†he said. As a leading provider of MEMS sensors, ARM Cortex microcontrollers, smart power chips, and automotive solutions, STMicroelectronics sees IoT as the next phase in the evolution of intelligent electronics. To support this vision, the company has expanded its portfolio with more integrated systems that combine multiple sensors, processors, and communication technologies.
Looking ahead, Ji believes that the IoT represents a huge opportunity for entrepreneurs and businesses alike. With its robust infrastructure, the IoT enables new applications, business models, and market innovations. As the next big "Big Thing," IoT is set to unlock the full potential of the internet through diverse products, especially mobile and wireless solutions, while entering various industries.
During his speech at the Taipei Computer Show, Ji will highlight the essential components required to build a successful IoT ecosystem. He will also explain how STMicroelectronics leverages smart sensors, embedded processors, communication interfaces, analog components, and power management solutions to create an easy-to-use development environment for designers and engineers aiming to develop the next generation of smart, connected products.
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