This document discusses Internet of Things (IoT) startups in Vietnam. It notes that IoT involves connecting physical devices to exchange data over networks. The opportunities in IoT are huge, with projections of 50 billion smart connected devices by 2020 and $11-14 trillion in potential global economic impact over the next decade. However, IoT adoption is still in early stages, with most investment currently going to enterprise and government projects rather than startups. The document outlines the various components of the IoT value chain including hardware, connectivity infrastructure, platforms, applications, and data security. It concludes that IoT will transform the world over the next 10 years and that Vietnam has strong potential to advance in this area due to its engineering talent
13. IoT horizontal chain
Data security Privacy Ownership Governance
Devices Connectivity Platform Application
Enterprise
System
Data capture
(sensor)
Data
transmission
Data
management
Data storage
Data
monetisation
