Brian, Bill McLean's forecast is for the next decade; my correlation with capital spending affects only the next 2 or 3 years. I'll leave the long term predictions to the long term forecasting experts.
Wally, very insightsful piece! It begs the question: do you buy into Bill McLean's take at IC Insights that semiconductor CAGRs will move back toward 8 percent annual in the next decade? (http://eetimes.com/electronics-news/4396587/Fab-lite--fewer-startups-to-fuel-doubling-of-IC-growth-rates)
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Are the design challenges the same as with embedded systems, but with a little developer- and IT-skills added in? What do engineers need to know? Rick Merritt talks with two experts about the tools and best options for designing IoT devices in 2016. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.