The real opportunity is the industrial opportunity

I heard last week a very impressive keynote by Richard Mark Soley, the Executive Director of the Industrial Internet Consortium (IIC). Watch this short video for the highlights of his talk. He argues that the ideas behind the Internet of Things (IoT) are not new; indeed, what has happened is really a convergence of existing technologies, better economics, and corporate strategies. As the number of sensors in the world rapidly outpaces the world population, the internet revolution is finally having an impact on the industrial revolution.