The Internet Of Things Is Reaching Escape Velocity
The frenzy around the Internet of Things (IoT) should be reaching its final countdown.
There has been a period of extraordinary activity in the IoT space since this original attempt at charting the ecosystem for TechCrunch.
While the Internet of Things will inevitably ride the ups and downs of inflated hype and unmet expectations, at this stage there’s no putting the genie back in the bottle.
The IoT is propelled by an exceptional convergence of trends (mobile phone ubiquity, open hardware, big data, the resurrection of AI, cloud computing, 3D printing and crowdfunding).
There’s also an element of self-fulfilling prophecy at play, with enterprises, consumers, retailers and the press all equally excited about the possibilities. As a result, the IoT space is now reaching escape velocity.