There’s no Internet of Things (yet), only Subnets of Things
The Internet of Things has become a common concept in today’s business and technology circles. Based on the notion of connected ‘things’, the IoT holds the promise of substantial economic and social benefits. This appears to be supported by the growing number of IoT applications and use cases, the prospect being that everything in the future will be as globally interconnected as computers and mobile devices are to the Internet today. However, we still have quite a bit to go before achieving the true potential of the IoT or the Internet of Everything.
This Research Note explores the current state of the IoT. Its aim is to demonstrate that the truly aspirational goal of an Internet of Things is still far from becoming a reality, and that what has been achieved to date is merely a growing number of Subnets of Things. We will explore how achieving a true IoT will require a substantial number of challenging developments before it can really come to fruition, in particular, the development of a ‘platform of platforms’.
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