The year 2015, in particular, will go down in the history of Internet of Things (IoT) as:
- The year it was on top of Gartners´s Peak of Inflated Expectations,
- A year of transition for companies that have been working in M2M and IoT for years
- The first of a short live for many start-ups that will disappear before the magic 2020
- A lost year to create IoT Standards
- The current state of the Internet of Things 2015 is clear—the world is ready to take the next step.
- And as the year that the tech giants began to take seriously IoT
Good Bye 2015
Looking back on this past year we have seen:
- A declared war for the dominion of a low-power, wide-area network (LPWAN). LoRA, SigFox, other technologies and standards (LTE-M) are looking for a piece of this cake.
- Tech giants like AWS, Microsoft, IBM, Cisco or Salesforce announced their plans for Cloud IoT platforms and Services.
- The new trend Edge Computing and Intelligent Gateways.
- The evolving role of big data analytics in the insight economy and how Small Data Is Driving The Internet Of Things.
- Great examples of IoT Ecosystem Innovation, Diversity and Collaboration- ARM ecosystem with Freescale Semiconductor and InvenSense, Industrial Internet Consortium promoting Test Beds.
- Record $14.8bn spent on IoT acquisitions in 2015 –
- Semiconductor-related acquisitions have driven the bulk of spending so far in 2015, with ARM, Intel and NXP each announcing two or more deals largely driven by IoT-related position taking. Dialog Semiconductor acquired Atmel for $4.6B in September. In May, semiconductor company Avago Technologies acquired rival Broadcom in a $37 billion deal.
- Tech giants acquiring young IoT platform companies, Alcatel-Lucent acquired Mformation in September, Amazon acquired 2lemetry in March and Autodesk acquired SeeControl in August
- On November 3, Cisco completed the acquisition of ParStream.
- PTC has acquired Vuforia from Qualcomm for $65 million in November, with plans to increase its focus in the IoT and B2B (business to business) world.
- Advantech Acquired B+B SmartWorx for US$99.85 Million, Targeting Industrial IoT Applications and Expansion in the Industrial Connectivity Market in November.
- The emergence of many IoT start-ups funded by the public through crowdfunding sites and by private investors, an indication of the expectations that IoT is creating.
- And a lot of IoT/M2M/wearables events and IoT headlines in post and articles.
- The Internet Of Things By The Percentages: The Year-End View by Chuck Martin is editor of the IoT Daily.
- ADI ‘Digital Trends Report 2015’: IoT Is A-OK With Consumers – The Internet of Things (IoT) is becoming entrenched in consumers’ daily habits, according to new analysis by Adobe Digital Index (ADI).
– My 5 for ’15 by Paddy Srinivasan – 2015 brought in a massive amount of growth across the IoT offerings themselves, the development tools and processes, and the readiness of organizations to fast track their IoT journey.
– 2015 – An M2M & IoT Year in Review – by James Mack, General Manager at M2M One
What will be of IoT in 2016?.
For three years, I have been collecting IoT predictions from many analysts and companies in this document “IoT / M2M predictions 2016-2015-2014 Different sources”.
I am sure if you are involved in one or other way in this market you are asking yourself many questions. Where will be the focus in 2016?. Which companies will be acquired, which will disappear? Will we see new use cases and new profitable business models?. Will security remain the main concern? Will get standards?. And the big question, will increase the number of companies that will make technology compromises and finally will invest in projects and not in pilots or will they wait for a year or two until it becomes clearer which of the many technology choices will be the winner?
As you can imagine, I have no crystal ball neither I’m a fortune teller but I like to read the predictions of my colleagues and friends and I like doing my own bets, so here I go with a short summary of what we will may or may not see in 2016:
- Companies to follow in 2016. In this post the author points out the top 10 companies that are working on products that will cater to the demands of the shifting market and are set to revolutionize the lives of the people using those products in 2016.
- Gartnero The IoT industry will explode in 2016 – The Company predicts 6.4 billion devices will be connected to the internet — and 5.5 million new ‘things’ will join them each day.
o Expect to see a few IoT leaders emerge that provide scalable, secure, and robust solutions that will garner share during 2016.
o IoT-M2M predictions for 2016 – A must read with Technology and network predictions, Predictions for IoT and M2M use cases and Predictions for IoT and M2M strategies.
- Machina Research, 2016 set to be a critical year for defining the future of LPWA networks and IoT connectivity. The analyst make their predictions for IoT in 2016. A must read.
- Forrester research believes that the hype surrounding the Internet of Things (IoT) will continue in 2016. We have to wait some days to listen a pay webinar for 13 of the most significant changes and what CIOs should do about them.
- 451 Research – New Analysis of the IoT Market Predicts Key Trends for 2016 – Culture, Not Costs, Will Be the Biggest Barrier to Wider Enterprise IoT Adoption.
- Telefonica – IoT Trends for 2016. Everything connected everywhere
- Vodafone 4 key M2M predictions by Andrew Morawski.
- M2M will move out of the back office
- M2M deployments will get more sophisticated—and deliver greater ROI
- IOT will become vital to the customer experience
- There will be a new focus on connecting the “things” that matter
- Jasper considers that 2016 will be the year where the industry stops paying attention to just the number of devices connected, and instead starts tracking the variety of new services enabled by those connected devices. . 5 predictions for the Internet of Things in 2016 by his Founder and CEO Jahangir Mohammed.
- Research and Markets – M2M and Wearable Devices to Help IoT Service Providers Earn $231 Billion in Revenue According to ‘The M2M, IoT & Wearable Technology Ecosystem: 2015 – 2030’
- Fortinet – IoT attacks and new evasion techniques will characterise threats in 2016.
- One out of five Flexera Software predictions, “IoT hacking will make more headlines, increasing pressure on device makers to focus on security and remediation”.
- Older more established companies could not be overlooked though as they have also allocated millions of dollars in R&D of new wearable devices, gadgets, applications, and Internet of Things systems set to shake the market in 2016. Will investors think that the right time to buy Internet of Things stocks is today. But where should they put their money?
- Rethinking the Business Model and Value Chain. Clearly security will become the prized possession and those who can provide security will attract attention and money at an astronomical rate. We will some companies offering ‘hacking as a service‘).
- Industrial Internet IoT outlook 2016
- 5 Predictions for the Internet of Things
- Paul Egan, IoTUK Principal Consultant, shares his top five Internet of Things predictions.
- Open smart home platforms and partnerships are predicted to drive adoption of home automation hardware, with over 300m units by 2020, up from 28m in 2015
- 2016: The year that IoT shifts from products to services –
- Industrial IOT in 2016 – In Utilities there will be an explosion of over 1M new connected devices in power generation plants alone, 2M in transmission and distribution substations, 16M in smart meters! In Oil and Gas there will be over 4M new connected devices that include about eight new sensors per well site and about twenty new sensors per separation and storage site.
- A Series Of Unfortunate Tech Predictions – Artificial Intelligence and IOT are inseparable – We’ve been thinking about the Internet of Things all wrong.
- Citrix’s Top 7 Predictions for the Internet of Things (IoT) in 2016 – Summary – Reaching through the IoT noise to find real business value.
- 44 Internet Of Things (IoT) Gamechangers 2016 – The ingredients will come from a spicy delicacy of variety, in the multifaceted form of Internet of Things (IoT), wearable and fashionable wearables, mind-boggling networking capabilities, heart rate monitors, and virtual reality ingenuity, just to mention a few appetisers. Click for your curious pleasure, here are 36 exciting, maybe outlandish, audacious tech bites to look forward to in 2016.
- 5 predictions for the Internet of Things in 2016 – Intelligent device manufacturers will increasingly realise the need to become software-centric companies to garner profits. Manufacturers will start realising the financial gains from the IoT. Everything as a service’ – IoT will transform objects into services. IoT hacking will make more headlines, increasing pressure on device makers to focus on security and remediation. Rise in IoT devices will fuel third industrial revolution.
- IoT predictions for CES 2016 – 2016 will be the year of ubiquitous sensors – the internet of everything.
- ARC’s IIoT team has been thinking about developments they expect to see in the Industrial Internet of Things and Industry 4.0 space. Here are their top 10 predictions.
- What enterprise IoT will look like in 2016 by Jesus Rodriguez – “I believe 2016 won’t be the year that starts the mainstream adoption of IoT technologies in the enterprise. The market remains incredibly crowded and most enterprises still haven’t developed the necessary level of knowledge and awareness of enterprise IoT solutions to become adopters. However, we think that in 2016 IoT will establish itself as a foundational piece of the next generation of enterprise software solutions. Additionally, I think the market will experience a decent level of consolidation, and this will clearly identify front-runners from second places.
- See Rick Bullota comment in this post with his predictions.
- 2016: Trends, Predictions and Opportunities by Joe Barkai – In 2016, mature companies will finally get over the addiction of counting connected devices as a proof of the economic impact of the IIoT. They will begin to focus on the value these connected devices can bring and the data analytics and decision support systems necessary to harvest this potential. 2016 will bring opportunities in predictive analytics, machine learning and complex decision support methods. I certainly expect to see the continuation of the wave of acquisitions in this space, most of which of early-stage companies with no customer base to speak of and debatable market valuation.
- Adobe Digital Trends Report – 2016 IoT Home Predictions – IoT devices in the home are on the rise. 1 in 5 homes will have a smart thermostat, smart home system or smart smoke detector by end of 2016.
- Dell – Jason Shepherd, director of IoT strategy and partnerships at Dell, outlines his Internet of Things predictions for 2016.
- 2016 predictions for IoT and smart homes by Chris Klein
- 2016 may be the year we get our first real glimpse of what a full-grown IoT will look like, and it’s coming along nicely by Jim Hunter Chief Scientist & Technology Evangelist @Greenwave Systems.
- Top 5 predictions on the legal issues that will affect the Internet of Things in 2016 by Giulio Coraggio
- 2016 IoT Predictions by Julien Blin – 2016 is set to be the year where a new generation of IOT devices with more advanced capabilities (e.g. devices with advanced algorithms), solid business models (e.g. sharing economy type models, subscription based or ad supported models..), and with a higher purpose, will emerge in the IOT space. I also expect to see some new unicorn IOT startups emerging in 2016 that will disrupt new industries. In addition, I expect to see more carriers, insurance companies, brands, agencies, major sports teams, US cities, involved in the IOT space in order to generate new revenue opportunities and take advantage of the expected growth in the space.
- 11 Predictions for Wearable Tech in 2016 – by Tom Emrich founder of We Are Wearables the largest wearable tech community of its kind in the world.
- 2016 Internet of Things Predictions in a Nutshell For You by Pierluigi Paganini ((CISO Bit4Id and Member of the ENISA Threat Landscape Stakeholder Group).
- M2M Communications Will Move to the Main Stage by Andy Thurai and Mac Devine (IBM)- We predict that the authoritative decision making source will begin moving slowly toward machines.
- IoT-related predictions for 2016, in no particular order, with the source of each prediction at the end collected by Chuck Martin editor of the IoT Daily.
- Lou Frenzel writes articles and blogs on the wireless, communications and networking sectors for Electronic Design –“ I am not an IoT denier, but I do see growth as slower than predicted based upon the hype. Some say that 2016 will be the year of IoT, but I doubt it. I see another year of R&D and standards resolution. Yet, overall the year should be positive for everyone—with revenue to come later”.
- Looking for something new in the 2016 IoT New Year’s lists by Scott Nelson, IoT Strategist and CTO, Digital and Mobile Health evangelist.
- Predictions 2016 sur l’IoT / objets connectés – IA démocratisé, business model transformé, Apple restructuré, Sigfox / Lora – Qui va gagner ? by Livosphere.
- Is 2016 the Year the IoT Will Truly Take Over? By Stewart Yates, CEO, TFM Networks
- Judith Hurwitz and Associates – IoT projects move from pilots to production. 2015 was the year of testing the waters on IoT for many companies. Impressive initial success and the availability of cheap sensors means that companies will be moving forward with big projects in 2016. The consequence will be a demand for IoT security and advanced, near real-time analytics, edge devices to pre-process IoT data and the need to manage IoT data. We expect focused startups and an emphasis by the larger vendors on IoT security. The IoT will also bring Spark and its real time analytics capabilities into the forefront.
- Three Industrial IoT Predictions For 2016 – by Freewave
- A look ahead for IoT: What’s next in 2016? by Asit Goel, Senior Vice President of IoT Development at NXP.
- Star Gazing – 5 Predictions for M2M & IoT Trends in 2016 by James Mack General Manager at M2M One.
- 2016 predictions for IoT and smart homes
- Top 10 InsurTech Predictions for 2016 Prediction #3 Much greater levels of personalized rating will become widely available using new sources of data from technology such as wearables, the Internet of Things and smartphone apps. This will lead to variable premiums over the policy term to encourage better behavior (although insurers will hold back and not introduce corresponding punishments in 2016.
- Three predictions for the next 10 years of IoT by Pablo Chacin
- IoT 2016: 13 Hot Trends For Business – by Curtis Franklin Jr.
- A summary of Internet Of Things (IoT) Predictions From Forrester, Machina Research, WEF, Gartner, IDC in Forbes by Gil Press.
- Kore Telematics – Top 12 Bulls and Bears Predictions for the New Year for IoT and M2M.
- Excelacom– 2016 Predictions: What Will it Take for Service Providers to Find IoT Success?
- Top 10 energy efficiency predictions for 2016 –
And in the horizon, 2020, or is 2025 ?
Since 2009, the industry has hung its hat on Ericsson´s prediction of 50 billion connected devices by 2020. This year, however Ericsson has indicated that we may only see a little half of the number. In its latest Ericsson Mobility Report it said “Our forecast points to there being 26 billion connected devices by 2020”. The company said that its previous number was a vision and not a prediction. A complete shock, isn’t.
I am confident that Ericsson will not be the last company, which as we approaching the year 2020, will modify their visions and will provide more accurate predictions and estimates or better, as Jasper predict, I hope 2016 will be the year where the industry stops paying attention to just the number of devices connected, and instead starts tracking the variety of new services enabled by those connected devices.
Beecham Research is warning companies planning to get into the Internet of Things (IoT) market not to believe all the hype and over–optimistic predictions. By now, you should not panic. We must trust that there will be billions of smart devices, new profitable business models, successful IoT startups, transformation of industries, optimization of processes, more satisfied customers, driverless cars, less traffic jam, and it is also possible that the quality of our life will be better. But it will not be all in 2016 and perhaps neither in 2020. Just we must be a little more patience and it will arrive.
We are many who are evangelizing into companies so they understand the risk wasting this significant opportunity and we will continue in 2016.
What are your expectations, wishes or requests for 2016?
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