Defragmenting the IoT
Internet of Things, IoT, business could hit US$ 7 Trillion by 2020 according to some estimates. With devices and operating systems for the IoT fragmented, trying to get a platform that is universal is the holy grail. Startups, like Afero, are trying to service this need. Afero recently raised over US$ 20 million for its chip.
Like the battle for smartphones between Apple's iOS and Google's Android, (or Betamax and VHS for video), firms are trying to create the dominant platform for IoT with the stakes again being high.