Experts are heralding the Internet of Things (IoT) computing phase as the next industrial revolution, estimating 50 billion connected devices and IoT solutions reaching $7.1 trillion by 2020.
While we won’t refute these arguments, a focus on shareholder positioning will help us better understand where we are in the IoT cycle and how positioning IoT into a company’s story just became that much more pressing.
Image: The Nest Protect smart smoke and carbon monoxide detector. Image Credit: Devindra Hardawar/VentureBeat