Capturing the potential of IoT requires us to rethink connectivity .

The cynical view is that the Internet of Things (IoT) has failed to deliver on the hype. It is an industry that has overpromised and been unable to drive the expected digital transformation of business and the economy. It’s true that, while the potential economic value of the IoT has been clear for a while, capturing it has proved challenging. But it would be a mistake to dismiss the IoT as hyperbole. It can still be the heartbeat of digital transformation.

By Michael Karlsen, Co-founder and CEO at Onomondo.