More than business models
I also think we're going to see some painful disrupting of "business processes" through IoT -- particularly customer service and customer support. If you sell a really expensive machine -- a farm combine, or an MRI -- part of your sales pitch might be being able to do remote diagnostics of that machine. Who does the monitoring, you or your dealer or your customer themselves? How do your staffing and talent needs change to do this kind of monitoring and response? By heading off many repairs, are you cutting off a key revenue source and thus bankrupting your channel? There are plenty of painful lessons ahead.