Smart Cities

Confused World of IoT Alliances Showing Signs of Maturing

“The Industry Alliances and Consortia universe is still a bit of a mess,” states our new report The Internet of Things in Smart Commercial Buildings 2016 to 2021. The in-depth report explores the emerging sector for connected devices in a commercial real estate market that is quickly becoming a major driving force in the internet of things (IoT) movement. In fact, smart buildings account for 63% of connected devices in smart cities, which in turn make up 47% of all connected devices. As the market grows, more and more companies jostle for position, inevitably and increasingly alliances and consortia were formed to bring order to the technology’s development. Memoori, along with other industry commentators have previously expressed concern that the deployment of IoT could be hindered, rather than helped, by the existence of so many competing consortiums, as many would-be players in the technology scene are adopting a wait and see attitude while the standards […]

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