IEC

Accelerating the use of digital twins, as the existence of the semantic repository allows the digital twin to manage semantics while the physical twin is managing data. This methodology will ensure a consistent continuum between the physical twin and the digital twin.

The following impacts are identified at a general level:
The Internet of Things (IoT) addresses many societal challenges including climate change, resource and energy efficiency and ageing.
In the emerging IoT economy, voluntary global standards can accelerate adoption, drive competition, and enable cost-effective introduction of new technologies.
Standardisation facilitates the interoperability, compatibility, reliability, security and efficiency of operations on a global scale among different technical solutions, stimulating industry innovation and providing greater clarity to technology evolution.
Interoperability between IoT networks operated by different companies along the value chain opens up opportunities to address EU Policy objectives, e.g. greater resource efficiency for a more circular economy, sustainable and responsible supply chains through transparency and traceability, and others

The number of connected devices is expected to exceed 20 billion by 2020. This market will be fostered by proper interoperability standards. Europe is strong in IoT innovation and has made significant technical contributions (AIOTI) including in some specific standardization contexts. AIOTI now has a recognized presence at the ISO level, and it is now key to concretize this presence so that European innovation is well represented.