This blog was originally published on LinkedIn Pulse.
There is yet another storm brewing where mobile left off, with a new world called “The Internet of Things” (IoT). Twenty-six billion new devices will be connected to the Internet by 2020 (Gartner Group).
IoT homes, known as smarthomes, or Connect Homes, are, and will be, the first adopters of these new devices. Small businesses will be the second. Small business owners are also home owners, many of whom will try out new IoT devices in their homes. The decision process is much quicker for SMBs, and if decision makers like what they see, they can quickly translate, implement, and deploy new things in the workplace.
In order to gain a “second mover benefit,” however, you need to know what technologies will migrate from home to business. You also need to understand which ones will provide a high ROI (return on investment).