
Co-CEO of Samsung, B.K. Yoon, recently advocated for an open, industry-wide “Internet of things” push, which revealed that Samsung plans to build in connected device capabilities across its entire product line within the next five years. The South Korean electronics giant seems to be betting big on the initiative which looks to create a virtual web between electronic devices. Such a move would allow users to control and monitor everything from washing machines and dryers to refrigerators and home security systems. According to Yoon:
Samsung is prepared to play a leading role here.
We need an open ecosystem so that IoT devices work together, and we need to collaborate across industries.
Yoon estimates that 90% of the company’s products will be connected by 2017. He even went as far as stating the following:
...five years from now, every single piece of Samsung hardware will be an IoT device, whether it is an air purifier or an oven.
Source: The Wall Street Journal