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Ron Martino, Executive VP NXP Semiconductors - The new edge economy is the tipping point for the 78 billion devices

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Synopsis

Farms use 70% of water for natural consumption, and half of it is lost. The ability to micro-control water consumption in very small and unique environments may be one of the most important developments in society. Multiply the ability to do this by the tens of millions of fields across the globe in easy and difficult places to reach, and technologies like small-footprint embedded devices might be part of changing our resources on the planet. Imagine this challenge and apply it to the thousands of industries and use cases around us where resource efficiency becomes an increasingly important priority. Our guest, Ron Martino of NXP, talks about the power of these 75bn connected devices to change the world of 2035 and beyond at a very practical level.  This new edge economy could be at least $4 to $5 trillion by 2030, where 64 zettabytes of daily data are processed locally at the edge. In this case, at the micro point of the field where the water is being controlled.  This is all additive to