As is the case with several other popular tech buzzphrases -- "big data," "cloud computing" and "cybersecurity" come to mind -- dozens of companies have talked up their investments in what they deem to be the "Internet of Things," or IoT. Big-name chipmakers, telecom service providers and cloud service providers all fit the bill here. But a look at just how much IoT exposure these companies have often shows that hype far exceeds reality.
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Second, Gartner expects about two-thirds of the connected things that will be in existence in 2020 -- 13.5 billion -- to be consumer devices. This appears to include smartphones and tablets, and broadly contains a number of products that aren't likely to fuel major growth for telecom or cloud service providers angling to profit from a surge in the number of connected devices.
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