IoT today is about purely connected devices making life complex with add-ons like wearables. There is no practical tactic to harmonize all of them. There is no single way of understanding the life-cycle of objects and people at the back-end. The moment the industry wakes up to the idea of a single way to integrate into everything, IoT will become more popular.
Another issue is the clarity of IoT standards across various OEMs’ technologies in the industry. I believe we should do well in that area. For a new technology, we often try to stifle the development of standards. One must look at a development lifecycle which is more dynamic and then the set standards will mature over time in sync with IoT.
The wave where technology is becoming more pervasive is exactly where we fit in with products designed to identify people and objects (vehicles, PCs etcetera). We are not going to ride the IoT wave all by ourselves at all. We are talking to technology vendors like Cisco, MS, Dell to provide them a technology that helps them to build holistic IoT solutions.