In a recent article, called Who will power the IoT economy? by MIT Sloan Executive Education, it looks like some of the biggest minds in engineering and technology think that startups are where the smart money will look for real IoT innovations.
Here’s a quote: “In reality, startups are shaping the IoT economy just as much as enterprises. According to Gartner’s Maverick Research, ‘By 2017, 50 percent of IoT solutions (typically a product combined with a service) will originate in startups that are less than three years old.’ Pete Basiliere, a Research Director at Gartner, points out that, ‘individuals and small companies that span the globe are developing IoT solutions to real-world, often niche problems. They are taking advantage of low-cost electronics, traditional manufacturing and 3D printing tools, and open- and closed-source hardware and software to create IoT devices that improve processes and lives.'”
We think so, too. Make sure you meet some of the hottest startups and developers working on the IoT right now at the IoT Evolution Expo Developer Conference in Ft. Lauderdale in January.