From M2M to IoT: Old industries must learn new tricks

M2M systems typically are reliable, resilient, and designed to keep working for many years. But most have been purpose-built for one job in one setting, relying on specific hardware, software and networks. This vertical integration can lock customers into one vendor that, in turn, is limited to developing and producing products for a relatively small market. – Bill Bien, partner at Waterstone Management Group.