SOURCE: IoT Perspectives

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December 31, 2014 09:00 ET

IoT Perspectives' Top 10 Reasons Why 2014 Was the Foundational Year for the Internet of Things

Predicts 3B IoT Units by the End of 2015

SANTA CRUZ, CA--(Marketwired - December 31, 2014) - IoT Perspectives, the online publication that covers and analyzes the business, markets and technologies of the Internet of Things (IoT) announced its top ten reasons why 2014 was the foundational year for the IoT. According to editor-in-chief Maxine Bingham, these reasons include:

  1. Emerging standards groups (from Google's & Nest's-driven Thread (based on IEEE 802.15.4), to the Qualcomm, Cisco, Microsoft, etc., AllSeen Alliance).
  2. Awareness of privacy and security (all the way up to US Congressional hearings).
  3. Plethora of funded startups in IoT cloud, wearables, connected car, connected retail, eHealth, energy management, smart cities and semiconductors who plan to make product/services delivery announcements in the first half of 2015.
  4. Incubators and accelerators, from Innovation Prime in San Francisco and Paris to China-based HAX (focused on lean hardware), some of which have corporate support.
  5. Global governmental support in the hundreds of millions, or billions, of dollars by countries such as Korea, China, India and the UK (does the USA need to wake up, or, do we leave it our capitalist system?).
  6. Countries such as India soon to establish university curricula for the IoT.
  7. Billions of dollars being made in Industrial Internet services and products.
  8. The number of hardware companies moving to a SaaS model to take advantage of business disruption of the IoT.
  9. The rising number of leading semiconductor companies (i.e., ARM, TI, Intel, Qualcomm, etc.) and new ones (i.e., CSR, Sunrise Micro, etc.) investing in IoT communications and capabilities.
  10. Appearance of new IoT cloud providers (i.e., Ayla, TreasureData, FortyCloud, Concirrus, Arrayent, etc.) and established cloud providers re-branding themselves as IoT ones.

Founder and editor-in-chief Maxine Bingham of IoT Perspectives said, "Add to these top 10 reasons a flourishing of IoT events that are growing in number and attendance (remember Comdex - that marked the end of a computing era, here we have a beginning) and the fact that smarter cities and wearables are taking off in the first half of 2015 (Apple SmartWatch, anyone?). Thus, we are expecting 2015 to be the year when IoT solutions are delivered in volume to enterprises and consumers worldwide. This fits with our prediction that the IoT market will reach three billion units by the end of 2015."

About IoT Perspectives
IoT Perspectives™ covers and analyzes the business, markets and technologies of the Internet of Things (IoT), curated and opinionated™. Visit Follow us on Twitter @MaxineBingham and join our group on LinkedIn.

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    Maxine Bingham, IoT Perspectives
    +1 (408) 368-2583
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