Prakash Arunachalam: 'IoT'-When looked through Cognitive Computing Systems

The Internet of Things term was first coined in 1999, but it is only in recent past that IoT has picked up amongst the industry. IoT has the potential to create massive disruptions and is garnering intense interest in the press as start-ups and established IT firms hasten to jump aboard this bandwagon. A lot of mergers & acquisitions are also taking place in this sector with the likes of Google’s acquisition of Nest and Jasper’s acquisition by Cisco.

The main reason what we think for sluggish development and limited commercialization is that IoT is not the transformative disruption at the moment as lot of folk imagine- there are simply too many missing pieces that industry needs to work on.