At the CES 2015, BK Yoon, the President and CEO of Samsung claimed that all of its products will be Internet-of-Things enabled by 2020. The company said it plans to ensure 90 percent of all its devices are IoT enabled by 2017. Samsung also announced it would invest over $100 million in 2015 in IoT startups by strengthening its accelerator program and expanding international developer events. In the vision that Yoon outlined, he said ordinary things like chairs would be IoT enabled, for example warming up as users near home, or alarms on phones automatically triggering an audio system for waking up etc. Additionally, Yoon called for greater openness and collaboration across industries for IoT to really take off. He emphasised the need for an open platform, for various devices to connect to each other and be compatible with all…
