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The internet of things is likely to have a profound impact on patent licensing and innovation, resulting in strange industry bedfellows such as agriculture and telecoms, as WIPR finds out.
For devices to communicate with one another, they need to speak the same language.
This is particularly important in the internet of things (IoT), where the number of ‘things’ connected to the internet first exceeded the number of people on the planet a decade ago, according to a 2015 report by technology consultancy LexInnova (“Internet of Things, IoT Day Special Edition”).
LexInnova said the IoT, defined as a “web of connected devices which can be controlled over a data network”, is an “all-pervasive technology”.
Internet of things, farming, agriculture, emerging technologies, industry collaboration, wearable tech, technology transfer, 5G, IP litigation, SEPs