'Michael – we are bigger than US Steel". Over the holiday season, I said this to my friend Jeremy Geelan when I was comparing the Mobile industry to the IoT. The term Internet of Things was coined by the British technologist Kevin Ashton in 1999, to describe a system where the Internet is connected to the physical world via ubiquitous sensors. Languishing depths of academia(at least here in Europe …) – IoT has it's netscape moment early in 2014 when Google acquired Nest Mobile is huge and has dominated the Tech landscape for the last decade. So, 50 billion by 2020 is a massive number by a factor, and no one doubts that number any more.