For many people, concepts like Internet of Things and FinTech are a very recent trend, as they had never heard of it until a year or two ago. But in truth, both sectors have been around for much longer than people give it credit for. Developing these tools, ideas, and platforms takes up a lot time, and one would be amazed as to how much work has been put into it already.
http://fintechist.com/when-internet-of- ... -maturity/