IIC Aims to Boost IoT Adoption by Empowering End Users
But for IoT-related technologies to reach maturity will take time, Soley said. A number of companies active in the space initially “had inflated expectations about what IoT was going to do to their bottom lines. “They are having to readjust,” Soley said. “But this is a great example of a technology that has promise, it has proven value.”
While disillusionment with emerging technologies is a natural phenomenon, it would be a shame to give the potential of IoT to drive innovation short shrift.
“In some of our test beds that I can talk about, we’ve saved lives,” Soley said. In one test bed, for instance, IoT-connected ambulances can connect to a hospital’s IT system and provide information to hospital workers so they can anticipate the needs of patients before they arrive.
Examples like this point to the potential of IoT technologies to drive innovations across various industries in the long-run. The Gartner Hype Cycle “leads to the right end of the curve, which shows that people eventually have a much more reasonable expectation of how technology can affect things,” Soley said. “And our job as the consortium, and to some extent the job of the show, is to make sure the trough is as shallow as possible.”