When the now-familiar concept of the Internet of Things (IoT) was new, what we really were envisioning a massive deployment of “things”, mostly sensors, connected directly to the internet and, like the internet, available to many companies to form the basis for new applications. Neither the business model nor the privacy/security issues of that approach were easily validated, so we’ve fallen back to something that largely takes the internet out of IoT.
But what replaces it?
Answer: The Network of Things or NoT, and if you’ve never heard of that concept, you’re at the first step of understanding the problem.
Source:: Network World – IoT