[goldmansachs.com] The Internet of Things (IoT) is emerging as the third wave in the development of the Internet. The 1990 fixed Internet wave connected 1 billion users while the 2000 mobile wave connected another 2 billion. The IoT has the potential to connect 10X as many (28 billion) things to the Internet by 2020, ranging from bracelets to cars.

Read more here..