As part of a new wave of technology enablement, objects like door locks, wearable devices, and heavy machinery are all being hooked up to the internet and cloud services. According to ABI Research, 30 billion everyday physical objects will be part of the Internet of Things (IoT) by 2020. Despite these promising figures, the IoT market is still considered to be in the early stages of growth. It’s a bit perplexing, what with the vast amount of chips and design solutions that have flooded the market in recent years, each promising to power up a variety of IoT applications.