My take on the IoT 2023 review by IoT Analytics:
- The IoT market has matured, and the hype cycle is over. That is actually a good thing.
- Cloud providers’ layoffs in the IoT domain prove that there is no one-size-fits-all IoT solution. That is also a good thing. Fired IoT professionals will design and build specialized offerings solving particular needs. Public cloud providers offer generic IoT capabilities, far from working out-of-the-box solutions.
- IoT + AI = huge potential that still requires much work to provide tangible outcomes. From my perspective, IoT + AI is still in the hype phase. It will eventually mature, but we are not there yet.
Do you agree? Please share your thoughts!