The convergence of six factors is creating a climate for mainstream IoT adoption.
The term “Internet of Things” isn’t new. Some say it was coined in 1999 by Kevin Ashton to describe a world where “things,” which can be devices or sensors, are both smart and connected — meaning they have the ability to collect and share data. The data coming from those devices and/or sensors then becomes a kind of currency, which can be combined and analyzed with other types of data to uncover insights that were, until recently, out of reach.
Although technology experts have quoted Moore’s Law, anticipating for decades the evolution of devices with embedded microchips, the proliferation of connected industry devices, and the rise of machine-to-machine communications, today we are seeing that the Internet of Things is at an inflection point. Read more…