The Internet Of Things Is Already A $2 Billion Business For Intel

There was no escaping the Internet of Things at CES 2015, it was the omnipresent theme of the expo, but don't let that fool you into thinking it's a far-off future concept.

The Internet of Things is Already a $2 Billion Business for Intel

There was no escaping the Internet of Things at CES 2015, it was the omnipresent theme of the expo, but don't let that fool you into thinking it's a far-off future concept. Intel's latest earnings report demonstrates that the IoT age is already upon us, accounting for $2.1 billion in revenue in 2014. That's 10 times as much as Intel generated from its Mobile and Communications division, which, in spite of its importance to the company, actually shrank in revenue over the course of the year.

Read the full story at The Verge.

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