Excerpt: What does the Internet of Everything mean for lawyers? Evidence – lots and lots of new sources of evidence. The continuing loss of privacy. A life that is so connected to the Internet that it will be hard to get through even a few minutes of our day without the Internet having an impact. But we are ahead of ourselves – so let’s step back and analyze an accelerating trend.
We first became interested in the Internet of Everything (known as IoE) when wearable technology became the hot new trend. We’ve heard the words for a couple of years but wearable tech really started to pick up steam in 2014 as companies rushed to the marketplace with, in particular, smartwatches.
Research firm Gartner anticipates that revenues from wearable tech will more than triple by 2016, going from $1.6 billion to $5 billion. It is no wonder that companies are rushing to board that train.