Ira Brodsky: Why the Internet of Things needs another 10 years

I first wrote about the hype surrounding the Internet of Things in 2004. Back then, industry analysts predicted that tens of billions of things would be connected to the Internet within five years. It didn’t happen.

Now the hype is back. The 50 billion things that were supposed to be connected by 2010 were merely postponed. The new projected arrival date is 2020.

Don’t get me wrong. The Internet of Things (IoT) is an exciting growth opportunity.