Abstract
The Internet revolution has resulted in a major disruption for many industries. It started with the development of the World Wide Web (the 1990s) and the evolved with the mobile Internet (the 2000s), forcing many to rethink their business models and embrace this disruptive technology. We are now heading to the third and potentially most disruptive phase of the Internet revolution—the Internet of Things. Objects from the real world will be modeled in the virtual world and connected via the Internet. This will result in humans and devices being connected at any time and from any place, and the implications are impossible to predict.
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Notes
- 1.
Forecasts Worldwide Spending on the Internet of Things to Reach $772 Billion in 2018. IDC https://www.idc.com .
- 2.
IoT Business News https://iotbusinessnews.com .
- 3.
RFID Journal http://www.rfidjournal.com/internet-of-things .
- 4.
IoT and analytics market for utilities expected to grow to $5.1bn in 2028. IoT News https://www.iottechnews.com .
- 5.
“IoTone Accelerating the Industrial Internet of Things” www.iotone.com .
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© 2018 Barry Haughian
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Haughian, B. (2018). IoT Industries. In: Design, Launch, and Scale IoT Services. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4842-3712-0_8
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DOI: https://doi.org/10.1007/978-1-4842-3712-0_8
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Publisher Name: Apress, Berkeley, CA
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