Today, the Internet of Things is rapidly building connections between devices, starting with wearables, cars and appliances. A recent report from Gartner forecasts that, “4.9 billion connected things will be in use in 2015, up 30 percent from 2014, and will reach 25 billion by 2020.”
Breakthroughs have been made with regard to processing chips and internet speed that are making IoT a reality. Twenty years ago, the cloud technology that is current driving these changes did not exist. Why is there so much excitement about IoT and what are the potential impacts of these technology changes? Here is why the Internet of Things is being compared to the Industrial Revolution.
Why There’s So Much Hype About IoT
The original hype about the Internet of Things started with the idea of the connected home, namely the connected kitchen. With internet connectivity, appliances would be able to respond instantly to safety concerns, deliver recipes, cook meals and more with less help from humans. … (read more)