The realities of IoT product creation emerged loud and clear in our survey. This switch in terminology from IoT to IoT platform recognizes both the increasing sophistication of IoT technologies and the realities of what it takes to bring smart, connected products to market.
Then, in the most recent chart in 2016, Internet of Things was replaced by “IoT Platform,” which is now making its way back up the curve: the IoT moved up the hype cycle through 2015:
From that first Internet of Things appearance in 2011: The Gartner Hype Cycle charts the evolution of IoT technologies, in the context of all emerging technologies. We got a terrific response to our survey, and we’ll share some of the results in the coming weeks through our blog.
We decided to do a survey to find out what some of the people creating IoT solutions-or considering them-think are the biggest opportunities and challenges of IoT-enabled products and services. That’s how long it’s been since the market research firm Gartner first included “Internet of Things” in its Hype Cycle for Emerging Technologies report, which charts emerging technologies’ progression on their way to mainstream adoption.Īlthough the term “Internet of Things” wasįirst coined in 1999, it’s taken until the past few years for the IoT to seem like it’s everywhere.
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This is the first installment in 5-part series on Ayla Network’s IoT survey on the “Biggest Opportunities and Challenges of IoT-Enabled Products and Services.”
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