The “Internet of Things (IoT)” and M2M: Wireless Sensors to Boom, Aided by Nanotechnology, Business and Industry Trends Analysis

The phrase “Internet of Things” or “IoT” is becoming increasingly widespread.  It refers to a wireless communications strategy known as M2M or machine-to-machine.  M2M can be as simple as a refrigerator that lets a smartphone app know when you are running low on milk (via Wi-Fi).  In industry, M2M can create a vast, exceedingly complex network of wireless sensors monitoring all of the devices in a massive factory. Massive investments in research, development and the application of new technologies is occurring in this field.  For example, in 2017, computer giant Dell Technologies announced it would invest $1 billion over three…

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