The Internet of Things (IoT) is stepping up to be a next-generation driving force in IT. Coupled with the emergence of the API economy, companies are instrumenting more devices, objects, and physical assets than ever with sensors, and with Internet connections, and linking them into business-critical systems.

At the same time, the consumer space is also inundated with new sensor-driven, and data-driven, technologies. Fitness trackers like FitBit and Nike+ Fuelband, to home thermostat and smoke/CO alarms like Nest, car trackers from Automatic, to home lighting systems like Phillips Hue. Many of these applications leverage the APIs of social networks and also the sensors in smartphones, to build holistic views of your life with interactivity and control as the payoff. This data is also becoming increasingly reliable. Recent iterations of location-tracking features from Foursquare are driven by these masses of data and combine predictive data analysis with sensors to provide even more accurate results, as the recent Wired article discussed.

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