What Retailers Need to Know About Today’s Hyperconnected Economy

By 2020, there will be 50 billion such devices, including PCs, smartphones, tablets, smart TVs, chips, sensors, implants, wearable devices, cars and others not yet invented.

These are two aspects of what Irving Wladawsky-Berger, a commentator on the global evolution of business and technology, calls the "hyperconnected economy." A number of major IT trends, he says, including mobile devices, cloud computing, the Internet of Things, social networks, big data and analytics, are each gathering speed while interacting with and amplifying each other.