At the fifth annual MIT Enterprise Forum Connected Things event, the report card on the state of Internet of Things seemed to deliver mixed results. In the five years since the event kicked off, the IoT and Edge Computing space has evolved in some ways and not really materially changed in others.
However, one aspect of the event that struck me was that I didn’t see or hear much that looked like solutions in search of problems. This partly reflects a focus on technologies and applications that aren’t part of the consumer gadget space (which still seems to feature more IoT toys than genuinely useful products).
But it also reflects a maturing industry segment that has really started thinking about use cases and how to systematically apply IoT technology for business value. Let’s check in on five key areas: