Much (perhaps too much) has been written about the “Internet of Things” or “Internet of Everything.” But the idea itself has been around for decades.
The actual technology to make the IoT practical and affordable, however, has only been around for a few years. Together, the advent of simple communications protocols (like Bluetooth low energy); the continued evolution of processing power, speed, size, and energy efficiency; advances in machine learning and management of vast real-time data streams; the proliferation of prototyping platforms easing.
IoT development; and the ubiquity of smartphones driving down the cost of technology have all created the opportunity to act on those decades of pent-up ideas.
That acting on these ideas is relatively easy shifts who can act. One doesn’t need a big lab with armies of engineers and mountains of money. Crowdfunding (like Kickstarter) has had a big effect on what is being developed and who is developing it. Numerous great ideas, and several not so great, are being pursued. A revolution is under way.
Written by T.J. McLeish, Director of Experience Technology and Emerging Analytics