Is it all in a name? -- while IBM has traditionally referred to "it" as Smarter Infrastructure or Smarter Planet, the industry has spoken and "the Internet of Things" has emerged. The Internet of Things is really a great descriptor of the revolution that is happening. Things are connecting. Things are becoming intelligent. Things are interacting. Things are ... or will be ... everywhere and doing everything ...
But what are "things" -- the interesting reality is that we only know about a small percentage of "things" today. Many of the "things" we'll manage don't even exist today. Many of the "things" we'll manage will be evolutions of things we have today.
We've talked about internet connected refrigerators and internet connected washing machines for years now ... why haven't we seen every one of these appliances become mainline then? Why aren't people lined up at the store to get the latest greatest connected device. It all comes down to perceived value by the consumer and business cases by the provider? Is it worth $10 a month to know your refrigerator will fail in 12 years? Probably not ... Do we need a washing machine that goes to the internet to find out what the settings should be on the washing machine for a specific fabric -- probably not when a consumer today never even uses the additional settings on the machine they have.
So why is everyone so excited? The real value of IOT isn't going to be a single appliance or a single solution. Its going to be around the interaction of systems and the analytics that can process the cross-discipline streams of information to product insights that improve our lifestyles, improve our safety, improve our efficiency, etc etc etc.
We're starting to see the Internet of Things in talked about daily it seems. Now we need to find the real use cases that drive the value needed to make it real. IOT will and is happening ... we're 2 inches into the 100 mile journey ... its going to be a great ride.