Interest in machine to machine has been gaining considerable momentum in both the press and industry and is expected to boost new productivity in many industries and require a new IT ecosystem.
The interest in machine to machine (M2M), sometimes called the Internet of Things or IoT, is prompting a degree of hyperbole in the industry—as often happens with new technology. In addition to inflating expectations, too much hoopla can confuse the market and detrimentally overshadow some of the realities of drivers, adoption rates and addressable market size. In spite of the hype (which is typical in the early adoption cycle), M2M is a substantive technology transition that will create a new market and ecosystem. However, the industry needs a reality check related to the myths associated with M2M.