Another emerging category in the Internet of Things is wearable devices. One product on the market is the Nike FuelBand which tells the wearer when they have reached their exercise goal for the day.
If the user has friends with Fuel bands they can share exercise data and compete against each other via the Internet. Another example is the Lark band which is designed to monitor what people eat. It also monitors sleep patterns and wakes the wearer up.
"We're all going to be wearing some sort of device in the near future," said Dominquez.
Sign up for CIO Asia eNewsletters.