Some people are of the mindset that the Internet of Things is just another marketing term. I am of the opinion that the term “Internet of Things” and it’s acronym “IoT” may someday disappear altogether. The fact is, it is what sensors, communications and intelligent software do for us that’s what’s important. Regardless of what we call it, or how we see things, the IoT is real – and the numbers continue to mount in proving this out.
2,888 businesses building the Internet of Things employ 342,000 workers, have raised $125 billion in funding, and have created $613 billion in value.