Trend Report

There Is No Internet Of Things — Yet

Sarah Rotman Epps
 and  three contributors
Oct 17, 2013

Summary

Sensor-embedded objects — the endpoints that compose the so-called "Internet of Things" — present marketers with the opportunity to learn more about their customers and the way they use products in the real world. They also present the opportunity to engage with customers in new contexts, deliver more value, and deepen customer relationships. The problem is, there really is no Internet of Things today — it's a fragmented landscape of devices with small installed bases that produce siloed data to which marketers have limited access. During the next three to five years, however, technology improvements will give marketers more to work with. Next-generation sensors and processors will enable marketers to deliver more contextually relevant services. Emerging platforms and standards will give marketers greater reach with less development cost. This report provides guidance to marketers on how to lead their brands to create the next great devices, extending their brand benefits to fulfill customer needs with hardware, software, and services —just as Audi, Coca-Cola, Disney, and Nike are doing today.

Log in to continue reading
Client log in
Welcome back. Log in to your account to continue reading this research.
Become a client
Become a client today for these benefits:
  • Stay ahead of changing market and customer dynamics with the latest insights.
  • Partner with expert analysts to make progress on your top initiatives.
  • Get answers from trusted research using Izola, Forrester's genAI tool.
Purchase this report
This report is available for individual purchase ($1495).