A lot of the excitement and press surrounding the Internet of Things (IoT) centers on home automation, wearable electronics, and other consumer applications. But industrial applications of the IoT, such as predictive maintenance and integration of the supply chain are likely to be the more compelling use cases, at least in terms of ROI. For Industrial IoT (IIoT) to realize its potential, however, it must overcome some substantial challenges.
Here’s an industry perspective on what challenges IIoT must overcome in the coming year.
It’s official: the Internet of Things (IoT) is the most hyped technology of 2014.
In August, analyst group Gartner released its 2014 Hype Cycle for Emerging Technologies report, and IoT replaced big data at the top. The ability to connect and control smart devices remotely via the Internet will reach its final stage of maturity in just five to 10 years, according to Gartner’s analysts, much quicker than they imagined just a few short years ago.
Building on the growth of IoT in 2014, the new year will see even more explosive growth and innovation. Here are a few of my predictions for 2015…