With Internet of Things we are now entering a reality where billions of physical objects are being embedded with online intelligence and layer upon layer of digital interactivity. These connections, whether between wearable devices, cars and home automation systems, or among networked urban infrastructure and sensor-equipped industrial machinery, will serve as enablers for much more dynamic “things” enhanced with a wealth of new services that bring innovation with improved product performance and achievement of new levels efficiency. (Ericsson IoT Conference December 2014)