Jeff Kaplan: Applying the Long-Tail to the Internet of Things

Nearly every Internet of Things industry survey and market forecast has suggested that there is plenty of interest in the potential value of connecting products and even more reasons to pursue IoT strategies. Yet, candid conversations with corporate executives at many major enterprises and leading technology companies reveals that there has been far less movement to capitalize on the IoT opportunities than the market research and consulting firms anticipated. Upon closer examination, it is understandable why there’s been slower than expected IoT adoption.

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The beauty of IoT is that small projects can generate valuable data that can quickly determine the economic value of the IoT idea.

 

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