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Clearly, the new, networked communication has fundamentally changed our lives and the way we communicate and do business. We can now trade shares in seconds on our iPhones. YouTube, Amazon, and Netflix have rendered television superfluous, and Skype allows us to make free video chats with several parties anywhere in the world.

All this is only possible, however, due to the networking of computers, phone systems, clouds, cell phones, and tablets. Due to the speed of technical progress, today’s developments will seem to be from the technical Stone Age in just five to seven years.

More and more technical devices such as televisions, refrigerators, heating, and lighting systems are networked in the so-called “Internet of Things” and can be controlled and customized for their users from anywhere in the world.

Our telecommunication networks are like the arteries in our body. They simply transport data instead of blood.

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