The internet of things is quickly achieving the same levels of froth and excitement as big data in the venture and entrepreneurial community. And like “big data,” the prevalence of smartphones, cheap computing and connectivity all are combining into a substantial and real opportunity under all the hype. So instead of yet another smart light bulb or connected hub (yes, I love those too) let’s dig a little deeper where the internet of things is already changing the fortunes of several large companies.
To build the internet of things we’re going to need a lot of chips — orders of magnitude more than we have in use today. Generally those chips will fall into three categories, and each of those categories is poised to become a booming business with a lot of volume and room to grow. Let’s break it down: Connectivity, Control, Sensors.
See on gigaom.com