The Australian Council of Learned Academies, ACOLA, has released their report on the Internet of Things at into which we have had considerable input.

Notably the report states, “the Bureau of Communications and Arts Research estimates IoT activity increased by $10.5 billion or 16.5%  from $63.8 billion in 2012-13 to $74.3 billion in 2016-17.  PwC has estimated that on average, a two% productivity increase p.a.  could be realised across each of these five industries in Australia representing 25% of Australia’s GDP in 2018: construction, healthcare, mining, agriculture, fishing and forestry, and manufacturing.”

Must read the Media Release,  Extract, Summary Report and/ or Full Report.