The IoT hype cycle: Getting up to speed with monetization

by Michael Beamer

It’s been a busy year in the world of the internet of things. Gartner predicts there will be four billion new connected “things” in the consumer sector by the end of this year, and IoT Business News estimates we will see around 400 million IoT devices with cellular connections within the same time.

But as we all know, growth at such a rapid pace doesn’t come without its challenges. And while a number of companies have been quick to bring new products and devices to the market, only a handful have done that with monetization in mind.

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