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Scoop.it!
Information technology is revolutionizing products. Once composed solely of mechanical and electrical parts, products have become complex systems that combine hardware, sensors, data storage, microprocessors, software, and connectivity in myriad ways. These “smart, connected products”—made possible by vast improvements in processing power and device miniaturization and by the network benefits of ubiquitous wireless connectivity—have unleashed […] 
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Scoop.it!
Nest paved the way for the smart home, showing investors that consumers would pay $249 for a next-generation thermostat. Now many are wondering what other connected-home products could become breakout success stories. In 2015, smart locks, and security related products in general, are the most promising.
Jeff Domansky's insight:
Smart locks look like the next frontier for smart home technology growth.
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The Internet of things presents some big challenges for companies in defining their place in the wearable technology market.