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Glenn Lurie Explains the Future of the Internet of Things

The Internet of Things (IoT) is a world where everyday devices communicate wirelessly and intelligently, streamlining and simplifying lives. In addition, the advancement of AI and machine learning has led to more connected devices, creating a world where cars, buildings, and cities become “smart.”

The Hyper-Connected Future

Glen Lurie sees the IoT as the future of connectivity and mobility, as it can make life better in a fully connected world. For example, futuristic homes will have a network of devices linked to your calendars and can perform tasks like turning on the lights or ordering coffee. Also, cars could communicate with traffic information in the city to ensure timely appointment arrival.

As a board member at Avis Budget Group, Glen Lurie highlights cars’ significance in the IoT’s future. He envisions cars operating like “smartphones with four wheels,” providing users with safe transport and entertainment services.

Lurie denotes that manufacturers and insurers can benefit significantly from connected cars. While manufacturers can track their performance and use the data to enhance future vehicles, insurers can use the data to set insurance premiums based on driver behavior.


The Rise of 5G and Private Networks

According to Glen Lurie, there is a need for high-speed decision-making in the IoT future, and devices will demand networks capable of delivering data in real-time. Therefore, networks must provide transmission at extraordinary speeds to achieve this.

It’s worth noting that 5G is the fifth-generation broadband cellular network standard that prioritizes problem-solving. It also offers rapid speeds, greater capacity, and a meager latency rate. As a result, the potential for connected cars using 5G or future network generations is immense.

Lurie also notes the significant role of 5G private networks in the IoT. He says it will give you incredible control over your data in specific locations, as devices will seamlessly transition between private networks and wide-area wireless networks if you are moving.

Top-of-the-class Connectivity

Lurie says that a vital aspect of a successful IoT is offering consumers “unconscious connectivity.” This connectivity means users should be confident they can always stay connected, regardless of location or network.