One of the most
important measures of success of an innovation is in its adoption. This
transition happens, when the consumer need not understand how the technology
behind the innovation functions but can still use it effortlessly. Take for instance the internet
and how it has seamlessly integrated with our lives. This is probably the
single most influential technological innovation that has re shaped the world
in the last 30 years or so. But how many of us really know what happens behind
the screen, after we click the send button.
Internet Protocol
(IP) is the method by which data is transferred from one computer to another on
the internet. So every computer and device needs to have an IP address to be
able to function in the internet. Internet Protocol version 4 (IPv4) which is
widely used today allows for 4.3 billion IP addresses. That’s a lot of
addresses. Or is it?
Smart phones,
tablets, social media combined with a growing population of younger generation
started turning the world digital. Once again, it is not just these innovations
but the ease of adoption that is doing the trick. There is nothing that
can stop this juggernaut. Or so we thought.
Today there are
close to 7 billion humans in this planet and over 5.5 billion devices that can
potentially be connected to each other. But then there is a small problem of
demand and supply. We didn’t have enough IP addresses to make this happen.
(Only 4.3 billion addresses). The projected rate of growth in the devices meant
we had to do something quick. Real quick.
In came the
upgraded version IPv6. This was the elixir to solve the conundrum that the
digital world was facing. Without getting too technical, IPv6 can support 340
trillion, trillion, trillion addresses. Yes you heard it right. To give you a
perspective of the scale, if all the addresses of IPV4 could be fitted in a 1.6
inch square box then all the addresses of IPv6 requires a space equivalent to
our entire solar system. In other words, even if we assign a billion IP address
per second for 4.5 billion years (the age of earth) we would have consumed only
a trillion addresses.
This mind boggling
advent happened 2 years back. Thanks to IPV6, we can now connect an
astronomical number of devices to each other and to the internet. Brace
yourself to the ‘Third Wave’ of technology innovation called the ‘Internet of Things’. The use case of IoT is limitless.
The world as we know it, is expected to change from here on.
Newer technologies
will emerge tomorrow. Internet of Things will enable the world to go
beyond Nokia’s tag line of ‘Connecting People’. Along with people we would be
able to connect to anything, anywhere and anytime. All these connected devices
will churn out data so huge that we might come up with something bigger than
big data analytics. Data security compromise would be a real threat and
of course answers to those fears will also be found.
Consumers will not
fear the technology that they don’t understand. But will embrace the one that
can seamlessly become a part of their life and help them too.
Technology service
providers are naturally excited at the prospects and opportunities but their
success will depend on how well they play their new role as digital
transformation partners.
We rode the first
2 waves successfully and have reached where we are. There is no reason why we
won’t enjoy riding this third wave that would take us in to a near complete
digital world.