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Internet of Things is about to hit shore? Not so fast.

by: Bana Kawar - M2M Now, Aug. 12, 2015 – 

How often have you come across articles with flashy headlines such as: "How to make your car, home, and life smarter with IoT?" It would appear that following the period of Big Data's relentless hype, IoT has firmly shown up on the radar, indeed my all-time favorite is "Daisy goes disruptive with wearable tech for cows." Well, whether you read such articles or not, and whether you are ready or not, get ready folks as the torrent of data has only just begun!

Stay alert: the IoT data flood is coming!

When I think of the term Internet of Things, I imagine a data tsunami about to hit shore. So if we thought that we had data issues before, well, with the arrival of IoT, things are about to get crazier.

We cannot deny IoT's prevalence; early adopters lie among the industrial machinery, telecommunications, automotive, electronics and aerospace industries and yet IoT is anticipated to have a broad and far reaching impact in almost all sectors of both commerce and daily lives. By 2020, it is projected that there will be in excess of 26 billion connected devices, 7 times more than human beings on earth. Gartner anticipates further that the total economic value-add the IoT brings along by 2020 will reach $ 1.9 trillion worldwide.


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