Keep calm and automate to unlock the opportunity in the vertical Internet of Things

Since the term Internet of Things, or IoT, was coined in 1999, the industry has had its share of hype, consternation, successes, and now even twitter parody accounts (@InternetOfShit). Although large-scale advertising campaigns for the IoT have become mainstream (seen any IBM Watson, Ring, or GE Digital ads lately?), recent news that GE had throttled growth expectations for its Predix IoT platform begs the following questions. What is the current state of Industrial IoT? Where are the areas of opportunity and what will emerge as winners? As an Entrepreneur in IoT for the last decade helping to find product/market fit for companies like Greenwave Systems and August Home, I believe there are significant opportunities in the Industrial IoT segment, a less visible, but a significantly larger compliment to Consumer IoT.