Risks and Rewards Grow with the Booming Internet of Things

In case you think the Internet of Things is not yet real, Deloitte & Touche’s Craig Wigginton will set you right. “Ten to 20 billion things are connected today and that will grow to 40 to 50 billion things by 2020,” he said during a CES session. IoT is however, still growing. “Over 90 percent of things that could be connected are still not connected,” he noted. “There’s tremendous potential, with trillions of dollars at stake.” Risks are also at stake, including physical injuries and cyber crime, which costs companies $400 billion a year. Continue reading Risks and Rewards Grow with the Booming Internet of Things