At SAP’s giant Sapphire Now user conference in Orlando in 2014, the Internet of Things (IoT) was a hot topic. Don’t feel bad if you haven’t heard that term or have trouble distinguishing the IoT from the regular old internet. New tech terms are proliferating as fast as, well…things on the internet do.
In 2011, connectivity giant Cisco published a report
predicting that the number of devices connected to the internet would increase from a 2003 base of 500 million, to more than 50 billion—or 6.5 times the world population—by 2020. Others have since dialed that estimate back to 25 billion. Still, that’s a lot of devices. Think it will have an impact?