According to Forrester Research, by 2020, the Internet of Things (IoT) production value will be 30 times greater than the current total production value of Internet-related industry.
Multiple research institutes forecast IoT to create a new wave of increased strength for the global economy to 2020, surpassing the US$1 trillion dollar mark by the end of the decade.
IoT heralds a new era that requires new sensor and connectivity technologies. The integrated smart sensor systems, which are part of the IoT concept and include hardware and software solutions, will deliver the processing and analysis capabilities to extract raw data from multiple sensors around us and make decisions to determine, deliver and control the ingredients of an active, healthy and efficient life style.
“There are three key areas in MEMS (Micro-Electro-Mechanical Systems) helping to drive the Internet of Things: motion; acoustic; and environmental sensors such as humidity, pressure, chemical and infrared,” said Benedetto Vigna, Executive Vice President, General Manager, Analog, MEMS and Sensors Group, STMicroelectronics.
“As we drove MEMS adoption by the mobile phone market five years ago, ST is unique in its having all the sensor technologies, together with the extremely low-power SPIRIT1 RF wireless radio for home, office and industrial use, and our Bluetooth Low Energy radio for wearable applications, to drive the IoT market development and create the next MEMS wave.”
ST is a one-stop MEMS supplier, offering a portfolio of micro-machined accelerometers, gyroscopes, pressure sensors, magnetic sensors, and microphones.
The company and has the capability to integrate these in multi-sensor combos with on-board signal processing, control functions, sensor-fusion algorithms, and wireless connectivity.
ST is active in MEMS technology development with more than 800 MEMS-related patent families.