Device democracy Saving the future of the Internet of Things

March 1, 2016

More than a billion intelligent, connected devices already comprise today’s “Internet of Things (IoT).” The expected proliferation of hundreds of billions more places us at the threshold of a transformation sweeping across the electronics industry and many others. Yet, the dream of a smart, safe and efficient future is threatened by subscription fees, ubiquitous advertising and intrusive surveillance. For the IoT to survive the end of trust and successfully scale from billions to hundreds of billions of devices, executives need to rethink the technology strategy, business models and design principles at its foundation. This first report of our study shows that a low-cost, private-by-design “democracy of devices” will emerge that will enable new digital economies and create new value, while offering consumers and enterprises fundamentally better products and user experiences.

Spotlight

Numerex

Numerex Corp. (NMRX) is a leading provider of interactive and on-demand machine-to-machine (M2M) products and technology enabling the Internet of Things (IoT). The Company's cloud-based solutions deliver actionable and secure Smart Data to its customers that produce new revenue streams and create operating efficiencies designed to improve profitability. Technology and services are delivered through an integrated highly-scalable industrial IoT platform branded "nxFAST(TM)" or an IoT security and wearables platform branded "FocalPoint(R)". The Company's services and solutions are typically sold on a subscription basis. Smart Devices, Network connectivity and services, and software Applications, branded Numerex DNA(R), are available as components or bundled and offered as pre-engineered, pre-configured solutions designed to accelerate deployment. Business and professional services also are available to enable the development of efficient, reliable, and secure solutions. Numerex is ISO 270

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