7 Top Tech Execs On The Next Big Opportunities In IoT


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Lou Lutostanski, VP of IoT, Avnet

I think they're everywhere. I had some thoughts the other day that for the first time ever, technology is not the limit. The imagination is the limit. And I think if you froze technology for a day, we'd still have five years of what you could do with your imagination. I'm talking about imagination used to be, "what could you make the product do?" And now it's, "what business model can you marry a product with to transform an industry, to disrupt a normal business?" I think it's everywhere. I was thinking the other day, someday every rock is going to have a device in it. People look at me and they said, "you know what? People are putting IoT devices in bricks so they can judge the structure of the wall after things are done." I don't know if that's true or not, but you can see where that makes sense. As the price of the device falls, as the compute power goes up, as these incredible networks come out with extremely low costs and low latency and low power, everything can have IoT eventually. I think 10 years from now you won't find anything that's not smart, that's not connected, that's not involved in a system for a business model.



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