The installed base of connected devicesexcluding PCs, tablets and smartphoneswill grow to 26 billion units in 2020, according to Gartner Inc. That would be a nearly 30-fold increase from 0.9 billion units in 2009. The component cost of this technology phenomenon will approach $1.9 trillion. Additional growth is clearly envisioned as “ghost” devices with unused connectivity will be common. In addition to technology providers, industries likely to see the greatest growth from the Internet of Things are manufacturing (especially automotive), energy and utilities, healthcare providers, insurance, and banking and securities, Rajagopalan said. “We have assembled experts in leadership and talent from practices across our firm and in every region of the world with particular emphasis on sectors that will benefit most from the Internet of Things.” Heidrick & Struggles’ clients already have reached out to the firm to help them attract and develop leaders in new and emerging roles leading digitally inter-connected innovation. “Organizations are looking for executives to lead emerging functions such as Industrial Internet, Distributed Mobility, Consumer Lifestyle Innovation and Global Digital.
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