The hype over the internet of things has reached big data levels, as has the idealism. It’s not enough that major corporate conglomerates are predicting savings of trillions of dollars in operating costs from the mix of connected devices, data analytics and automation. Consumers are also rushing to purchase connected activity monitors, automated door locks and thermostats that come with their own algorithm.
But as data from a survey conducted by ARM and the Economist’s Intelligence Unit shows, the promise of the internet of things so far is just that — promise. And in fact, the most interesting numbers coming out of this data are the charts that show that all industries are pretty much on the same page with regard to IoT — the “looking into it” stage — and that most businesses are unsure what to do with this emerging set of technologies.
Meanwhile, the data offers one…
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