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ACOLA’s Internet of Things Report

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The Australian Council of Learned Academies, ACOLA, has released their report on the Internet of Things at https://acola.org/hs5-internet-of-things-australia/ into which we have had considerable input.

Notably the report states, “the Bureau of Communications and Arts Research estimates IoT activity increased by $10.5 billion or 16.5%  from $63.8 billion in 2012-13 to $74.3 billion in 2016-17.  PwC has estimated that on average, a two% productivity increase p.a.  could be realised across each of these five industries in Australia representing 25% of Australia’s GDP in 2018: construction, healthcare, mining, agriculture, fishing and forestry, and manufacturing.”

Must read the Media Release,  Extract, Summary Report and/ or Full Report.


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