Judging by all the media attention that The Internet of Things (or IoT) gets these days, you would think that the world was firmly in the grip of a physical and digital transformation. The truth, though, is that we all are still in the early days of the IoT.
The analyst firm Gartner, for example, puts the number of Internet connected “things” at just 8.4 billion in 2017 – counting both consumer and business applications. That’s a big number, yes, but much smaller number than the “50 billion devices” or “hundreds of billions of devices” figures that get bandied about in the press.
