The IoT will soon leave the world of bedroom fanatics behind, says Sukamal Banerjee, EVP, Engineering and R&D services, HCL Technologies
The Internet of Things (IoT) was the most hyped technology of 2014 according to Gartner, and it’s easy to see why. Cisco’s recent IoT study suggests that the number of connected devices is expected to grow to 50 billion by 2020, leading to a global economic impact of $10 trillion.
Connected devices are set to change the very fabric of the world we live and work in. However, the buzz around gadgets such as connected fridges and smart kettles being developed by consumer goods manufacturers have been a distraction from the IoT’s true potential. Indeed, recent research from Embarcadero Technologies revealed that just 16% of those developing IoT solutions are targeting consumers. Read More