The Internet of Things (IoT) will radically change our world in the coming years.
Estimates suggest that in the next 4-5 years, 30 billion to 50 billion “things” will be deployed. These devices will range from relatively simple sensors (e.g., temperature, pressure, rain) to complex data collectors (e.g., health monitors, shipping/transportation monitors, chemical process monitors, environmental stations).
Many will be cost sensitive “throw away” devices deployed in huge numbers to consumers. But many will be high value devices, particularly in Enterprise of Things (EoT) applications, and in mission critical situations (e.g., health care, autonomous driving, process control, security, smart cities) where many companies are still formulating their strategies.