The chip manufacturers are working to expand partnership programs in an effort to build an ecosystem around their components. Broadcom this week said it had signed up more than 40 new companies, including module manufacturers, independent design houses and original device manufacturers, to its program.
The increasing availability of customized chipsets is a sign that the much-hyped IoT sector is becoming more mature. But the launch of apps with IoT connectivity is also important for the development of the market. For example, SAP this week launched three products for maintenance, logistics and manufacturing.
"The verticalization is something that's applicable across the board," Hatton said. "Lots and lots of companies are looking at how to make IoT more appropriate for smaller organizations with particular needs, rather than thinking about just generic offerings."
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