Is the Internet of Things More Hype than Reality?

There's no lack of hype around the Internet of Things - but is there really a path to true value creation? The consultants at McKinsey recently took a look at this issue, and the answer is Yes to value creation, but there are still many questions about just how much. First, let's start with what IoT really encompasses. McKinsey defines IoT "as sensors and actuators connected by networks to computing systems. These systems can monitor or manage the health and actions of connected objects and machines. Connected sensors can also monitor the natural world,
 people, and animals."