Big Data, IoT, .... Buzz Words for Academia or Reality for Industry?

The concepts of Big Data have became intertwined with those of the Internet of Things, creating mental pictures of a fully connected, all-encompassing, cyber-physical world, where each and every object will contribute with information to a "fully aware" society. Academic works are presenting this as the natural evolution for our current technologies. The panel looks at these promises from the hard perspective of reality: what is being done, how much it cost, what needs to be developed, and what can be expected in the near and mid-term.