In recent years, ubiquitous connectivity coupled with the advancements in, and ever decreasing costs of, sensors, computing, storage and bandwidth have paved the way for a rapidly rising segment of information technology – the Internet of Things. In this version of the View, Fairview provides an overview of the Internet of Things and the range of opportunities its development presents. Venture capital activity in the space is examined, along with the investment approaches firms have taken. An outlook for future opportunities is also presented.

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