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Day Trading December 23 - Morning, page-184

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SelmaBouvier

3,809 Posts.

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23/12/15

12:46

Post #: 16674259
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Originally posted by troyboy ↑

Basically their capability statement-

This part right at the back is the thing that stood out for me and is enough to influence my my thoughts!

The market for IoT devices is predicted to be huge. It must be said however that many of the early adopters of IoT technology have been disappointed with the current state of the Internet of Things. High additional cost for IoT aware products, lack of integration to other IoT devices, security concerns, the burden of ongoing maintenance, the lack of failsafe operation when communications or power is down are all dampeners on the demand of IoT products. It is hoped that the second generation of IoT products that are produced as part of the newly formed standards bodies will address some of these issues. However IoT technology is still seen by many as too early or too risky for prime time adoption. It is up to industry to solve these problems and repair perceptions if the market is to truly embrace IoT and deliver the large sales numbers as predicted.

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RGY

Well they certainly address this: "lack of integration to other IoT devices"

So they actually solve some of the challenges of the IoT market. Impressive!
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