Internet of Things Applications

Purportedly, the market opportunity for the Internet of things is gargantuan -- but development in the space clearly isn't paying off yet.

The Internet of things may be hot, hot, hot, according to the Valley, but it’s not paying the bills. In fact, less than 10 percent of IoT developers are making enough to support a reasonably sized team.

That’s one key takeaway from the latest VisionMobile Developer Economics report, released this week. It’s a sobering thought for the companies jumping into IoT as they chase IoT’s purported $11 trillion jackpot.

[ Get the scoop on the Internet of things at its most fundamental level and find out where it's headed, in InfoWorld's downloadable PDF and ePub. | Get a digest of the day's top tech stories in the InfoWorld Daily newsletter. ] As with every other business, the only way companies will realize this value in terms of revenue will be to attack the IoT market with a clear idea of what they’re selling and to whom

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