Summary: 2014 – Year of the Internet of Things (IoT)
A lot happened in IoT in 2014. About this time last year, John Chambers laid out $1.9T market projection for IoT at CES and that drew significant attention and generated momentum in many industries. Over the year, we saw some real world use cases and innovative companies and technologies at the IoT World Forum in Chicago. IoT really gained traction across many verticals over the year. While a lot of progress has been made, IoT is still evolving and globally companies and industries are still trying to figure out business models, technology selections and IoT standards. Cisco has led the way on many IoT fronts in 2014 and our own IoT Cisco Champion Pranay Prakash scopes the year and defines it as the Year of the Internet of Things and outlines what’s in store in future.
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