Silicon Labs: The Internet of Things has become the basic pillar and growth point of the global economy. What else do we need to do?

【Lansheng Technology News】On November 2, at the "Global CEO Summit" held at the same time as the "2023 International Integrated Circuit Exhibition and Conference (IIC)" hosted by Aspencore, Silicon Labs Chief Technology Officer and Technology and Product Development Senior Vice President Daniel Cooley delivered a speech on the theme of "Working with Core, Creating the Future with Science, and Building an Intelligent Connected World."

With the booming development of the Internet of Things, there are billions of connected embedded systems on the earth, and the goal of 50 billion devices predicted by Ericsson in 2011 is not far away. According to IDC's prediction, Internet of Things devices will At some point, this data was exceeded.

In Cooley's view, IDC's predictions are bound to succeed. After all, even Engadget's Internet Cat has already been realized. This was an unimaginable luxury before the large-scale popularization of cloud computing and smartphones. Cooley said that the work being done by Silicon Labs The impact goes far beyond pet tracking, and the realization of pet tracking shows that the barriers to deploying this technology have been greatly reduced, and we are only limited by our imagination and creativity.

The emergence of the Internet of Things is no accident. Although end markets such as data centers, personal computers, mobile devices and embedded devices are different, they are connected to each other. The significance of IoT devices is to embed processing, sensing and transmission functions into any item, break its spatial barriers, and connect it to the Internet. Connecting to the cloud is the final step.

According to Cooley, companies add networking capabilities to their products for many purposes, such as improving user experience or use cases, improving safety and security capabilities, reducing energy costs, driving new business models or revenue streams, or simply wanting to comply legally and compliantly. Improve operational efficiency or reduce insurance costs.

Silicon Labs has been deeply involved in this field for many years, starting with simple 8-bit processors and low-data Sub-GHz transceivers. Over time, it listened to the opinions of customers and built generations of technology platforms to meet the needs of large-scale users. The need to scale embedded ecosystems. Silicon Labs currently has thousands of customers, and new application cases are constantly emerging.

McKinsey & Company recently released a report predicting that the impact of the Internet will reach 5.5 to 12.6 trillion US dollars in 2023, which means that 5% to 10% of the global economy will rely on advanced wireless connection technologies and products. Considerable figures, where will the value brought by the Internet of Things be reflected?

First, it is connected devices that will unlock more value.

For example, the American manufacturer Milwaukee Tools has installed connection functions in all its product portfolios to optimize the performance of each tool. It can program power, torque, duration, etc. to optimize every trigger. Traction to complete unique jobs, increasing speed, efficiency and safety for workers on the job site.

Track and locate tools with Milwaukee Tools' wireless connectivity. Embedded sensors in the tool can also remotely remind users if repairs or maintenance are needed. Finally, the tool's logging functionality can be used to download logs that can be used to provide proof of work.

Secondly, networked products are easier to operate.

Cooley said: Companies are realizing this and are quickly adding these features to their products. Doing so will move them into a different phase, into a data-driven phase that will help them create value and rely more on data than ever before. When a company integrates data into their business model and business operations, it becomes difficult to go back to business as usual.

Today, any business such as sales, marketing, customer support, business development and communication cannot do without the Internet. In fact, this was what the first wave of the Internet was about, connecting people to people and people to businesses. But for the Internet of Things, what makes sense is to connect devices with cloud applications. The number of devices on the earth is a hundred times the number of people. This new Internet, new way of thinking, is changing business models.

The use of IoT technology in building and home security can increase safety and improve emergency service response by enabling faster, higher-quality installations and reducing false alarms, one of the biggest challenges in security.

We can see that the Internet of Things will be everywhere and penetrate into various fields. There are thousands of CPUs running around everyone every day and every moment, and these CPUs are not just on computers and mobile phones.

Cooley believes the top priorities are accelerating software development, protecting product security, connecting cloud and device teams, and building and enhancing data governance capabilities.

Cooley said: Silicon Labs can accelerate software development, protect product security and connect cloud teams and embedded teams, and enhance data governance capabilities. I believe we will take the Internet to a new level.

Cooley pointed out that the Internet of Things is much bigger than imagined, and entering this field is just for systems to communicate with each other. We are rapidly entering an era in which the Internet drives the overall development of the global economy.