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A Fully Connected Society of Things (Joe Barrett)

The “connected everything” protagonists have been promoting web enabled domestic appliances for some years. Two things have been missing: the agreement on common standards for Machine-to-Machine communications (M2M) and Internet of Things (IoT) connectivity, and realisable benefits to end-users. Delivering real value at the right cost and with the right level of user experience has been holding back what is sometimes referred to as the third wave of Internet connectivity. It is a market estimated by Machina Research to be worth USD$4.3 trillion by 2024.[1] Interest is therefore high and companies and technologies are vying for market position. One of …

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