IOT refers to sensors that communicate over the Internet without human intervention. According to McKinsey and the Global Semiconductor Alliance report, surveyed 30 GSA members who were senior executives at semiconductor companies, “IOT has potential, but it has several hurdles which can delay it.” These hurdles are:
• Security and data privacy
• Customer demand
• Limited consensus on standards
• Market fragmentation
• Elusive new revenue sources
• Technology shortcomings
To know more about these hurdles and how they can affect IOT implementation processes, read an article “Internet Of Things: 6 Obstacles” given in the informationweek.com by Thomas Claburn (Writer at InformationWeek) at: http://www.informationweek.com/mobile/mobile-devices/internet-of-things-6-obstacles/d/d-id/1320434