In this report we tell the story of two very different engineering cultures coming together: industrial & consumer IoT. We deconstruct the landscape and show you everything you need to know about the new people, technologies, and business models entering the industrial environment today. Industrial IoT might be one of the more saturated IoT markets today, but its current transformation is sending analysts like us back to the drawing board. See what we have to say about this convergence, research drawn from 4,000+ IoT devs.