There are literally billions of devices that are part of the Internet of Things (IoT). Beyond health trackers, internet-enabled light switches, and video doorbells, the IoT adoption by businesses has not kept up with the consumer use. And even then, a recent study found that while 81 percent of consumers are familiar with the IoT, only 26 percent own smart home devices. This interesting topic came to us from Digital Insurance in their article, “Why so many organizations sideline Internet of Things strategies.”
As to the business world, companies are not realizing the benefits enough to completely invest time and resources to the automated system. Companies are installing connected systems here and there, but certainly not everywhere. Even broader at a city level, smart utility initiatives are often more a collection of point solutions than a broad and highly integrated IoT framework.
I imagine the new rule for the future is going to be, “Anything that can be connected, will be connected.”
Melody K. Smith
Sponsored by Data Harmony, a unit of Access Innovations, the world leader in indexing and making content findable.