The May 22, 2023, report by Henry Osborne from STL Partners delves into the Economy of Things (EoT), a new method for data sharing across Internet of Things (IoT) ecosystems. This data-sharing concept is expected to create new monetization opportunities. The report provides recommendations for enterprises on how to capitalize on EoT, including evaluating business outcomes, establishing rules for data sharing, developing specific use cases, joining new marketplaces, and redefining the next customer segment. The main takeaway is that EoT will grow and peak within the next few years, with over ten percent of IoT devices expected to be EoT-enabled by 2030.

Keywords: Artificial Intelligence (AI), Block Chain, Connected/ EV Vehicles, Control & Monitoring Equipment/Sensors, Cybersecurity/Privacy, Energy Efficiency/Management, Internet of Things (IoT), M2M, Protocols/Standards, Smart Grid