A new report published this week by Rethink Technology Research has tried to dispel the hype that surrounds the Internet of Things (IoT). It outlines the issues surrounding the lack of any precise forecasts for IoT, which range from 50bn to 100bn connected things by 2020, with revenue forecasts ranging from $800bn to $3 trillion. The research highlights the ‘glaring disparity between what the mobile operators, as surveyed by Rethink, believe they will make from IoT services over the next few years and the probable reality.’ The central tenet of the report addresses the five most prevalent misconceptions that businesses and consumers hold about IoT, which are ‘taking root and distorting sensible thinking about business cases.’ The first myth is…