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Innovation

Innovation

Source and GridMarkets have won the 2014 North America and Rest of World BBVA Open Talent Awards in the respective categories of New Banking and Digital Life. The winning prize for both startups will be a contract worth 30,000 euros with BBVA to test their respective products or services. Mexico and the United States were the protagonists in this year’s contest, which included participants from as far afield as India, South Africa, Russia or Singapore.

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A given technology is not democratized until it is fully organically incorporated within our way of life. Actions taken by major corporations can also be symptomatic of how mature a certain technology is. This article examines a range of IoT initiatives, seeking to identify the status quo of the Internet of Things and thus build an understanding of just how long we will have to wait until the IoT is “humanized”.