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Two-thirds of Internet of Things apps make money

Article by Ben Rossi

Security, privacy and data management hold back the monetisation of IoT apps, but developers says 80% will generate revenue by 2018.

'Developers put their long-term bet on industry and infrastructure IoT apps as the foundation for revenue generation'

Almost two-thirds of Internet of Things (IoT) applications in production today are generating revenue, new research had revealed.

Developers expect this figure to rise to 80% by 2018, according to the study, which polled 675 application developers in the US, the UK, Germany, France, Sweden, the Netherlands and India.

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