The Internet of things will shake up business models for embedded systems developers over the next few years, according to a new study by Venture Development Corp. It will also and drive the adoption of more security technologies, said an analyst in a panel discussion at DESIGN West here.
Half the embedded projects in the works today are making some use machine-to-machine links, rising to 69 percent in three years, the study said.
As embedded systems link to the Web and smartphones, “more than 75 percent of OEMs say their business models will shift over three years because of Internet of things,” said Chris Rommel, a vice president at VDC (Natick, Mass.) presenting the results in a panel discussion.
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