According to Deloitte, there will be 26 billion IOT devices that add $1.9 trillion in economic value across the globe by 2020. There are currently 7.3 Billion people on the planet. That’s approximately 3.5 connected devices per person! Likely, many of these devices (the majority of them sensors) will be built into your existing environment, in your home, office or city. The computer that has the power to control them all is already in your pocket.Gartner even has IOT on the apex of this year’s hype cycle for emerging technologies.
So why haven’t we seen mass adoption of IOT? Why isn’t everything “smart” already? Why isn’t the smart home cool yet? I believe the world isn’t yet fully connected for two reasons: Continue Reading…