Boston, May 3, 2017 – The next iteration of the internet is the connection of billions of devices to the network, gathering and transmitting information with no human intervention to platforms and systems that can distill the information into action, again, with no human intervention. The sheer size of this evolution is by itself revolutionary, but the value that these connections create has the potential to change the way people live and the way companies operate around the world. Will IoT transcend the original internet and become the most important technical innovation in history?

This Impact Report dimensions IoT, describes the components that create it, describes different commercial and consumer use cases, identifies issues and opportunities related to the impact of IoT on the payments ecosystem, and attempts to predict the evolutionary path that IoT may take. This report is based on interviews and conversations with individuals from 15 organizations actively pursuing IoT solutions as well as thought leaders and payments professionals exploring the opportunities and risks inherent in the evolution of IoT.

This 26-page Impact Report contains six figures and five tables. Clients of Aite Group’s Retail Banking & Payments service can download this report, the corresponding charts, and the Executive Impact Deck.

This report mentions Amazon, Android, Apple, Cloudera, DYN, Ericsson, IBM, Panasonic, Sony, and Visa.