Samsung CEO puts company's weight behind open IoT standards

5 January 2015 by Steve Blum
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The Internet of Things is the most important development in front of the consumer electronics industry right now, BK Yoon, president and CEO, said in the opening to his CES keynote address tonight. It’s not something that’s coming in the future, he said, “I would argue that the age of the Internet of Things has already started”.

He called for open IoT standards, promised that Samsung’s products would comply and said by 2017 90% of the company’s products – and 100% within 5 years would be IoT capable.