Interest in the Internet of Things has focused on the connected home, with attention to newly designed thermostats, lights, and security systems. Yet the connected home is just the first wave of a greater transition toward “smart, connected products” throughout the economy. The next wave, focusing on what is known as the Industrial Internet, may have an even more transformative effect on our lives.
By David Mount. The Industrial Awakening will generate $14.2 trillion of global output by 2030.