A report from IDC earlier this year revealed that spending on the Internet of Things (IoT) is expected to reach $1.29 trillion by 2020, with the vast majority of this investment in industrial settings. IDC goes on to predict that there will be 82 billion connected devices by 2025—everything from farming equipment to cars to household appliances, all of them embedded with technology that can access the Internet to intercommunicate with each other and with users for better user experience.
As is unfortunately common with many new technologies, the Internet of Things (IoT) is struggling to match its hype, with many projects failing to achieve their initial goals. This has led to a general sense of ambivalence among people. A 2016 report […]