In a world where hacking and denial of service are everyday threats, many feel that it is about time for the world of the Internet of Things (IoT) to undergo a reality check over its strategy and promotion before disaster strikes, reputations are lost and investors pull up stakes and run for the hills.
What is new about IoT?
Having made, lost and then re-made my fortune in and around the industry over the past 20-plus years, I cannot help but smile over the level of hype — and, as a certain US President would call it, “fake news” — surrounding the current world of IoT.
In spite of what the media and investors would like to think, IoT is not new. I can recall building all sorts of systems including AMR (Automatic Meter Reading/ Smart Metering) networks covering whole cities, pharmaceutical storage monitoring, on-line pest/rodent trap systems, trucks and trailer tracking, foodstuff refrigeration...