All you need to know about the IoT;
“The most amazing thing about IoT is you take common day things and you plug them in to become part of this bigger network. It changes the object from a thing, to a service,” Mohammed says. The important thing in this change becomes not what can you link up, but what utility you can provide.” Jahangir Mohammed.
Jahangir Mohammed remembers his first pitch for Jasper Wireless in 2004 to investors at Sequoia and Benchmark going something like this: “All people are getting connected, all things are going to be connected, inevitably a platform is needed to do this.”
http://pando.com/2014/04/18/jasper-wireless-was-into-the-internet-of-things-way-before-you-were/