Predictions, predictions, predictions

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It has become traditional at this time of year for everyone with something to say to make predictions for the next 12 months. But one thing we can be sure about is that predictions are invariably wrong. We only have to look back at 2016 to realise that. Brexit, Corbyn, Trump and Leicester City are just some of the things I wish I had put money on.

When it comes to technology, I do wonder where some analysts and commentators get their figures from. Take for example, the numbers banded around about the number of connected Internet of Things devices predicted at various times in future – 20 billion by 2020 and rising. Companies building a business plan based on these figures need to take them with a large pinch of salt. While the IoT market is clearly well on the move, the industry needs to get real. The IoT is making a practical impact in B2B markets applications and maybe, 2017 will see the advent of new smart home products such as Amazon Echo making a difference in the home.

Peter Rennison