Internet of Things (IoT) is an environment of smart devices which are Always, Anywhere and Anytime, which are usually referred to as the 3As of IoT. These devices are (in a perfect world) interconnected with each other and send data or information into the internet to be processed, analyzed and acted.
The IoT is an enabling technology with the ability to impact nearly everything we do and how we do it. It will allow for decision making on a much larger scale than ever before. Being able to control all of the machines in a factory or all of the street lights in a city, empowers operators to make more educated decisions that weren’t previously possible on a small, local view – thereby driving increased efficiency as well as safety and security. The IoT enables original equipment manufacturers (OEMs) to unlock new revenue from existing products and services. OEMs can stay connected with their product as it is being used in the field and develop new services to add value based on the ways the product is being used. This is only one of many changes that the IoT may bring in existing business model and strategies.
The Internet of Things is an expansion of the “Internet of people” brought about by the revolution of personal computers and cell phones connected to the Internet. Because of this mass adoption of the Internet as the means for providing services to people, the door has been opened to connect many more “things” to the Internet and leverage the same infrastructure and services. The IoT is an end-to-end process that connects these “things,” – products that include sensors and actuators – to gateways that can then transmit data to the cloud. The IoT connects the physical world, as perceived by the sensors and driven by the actuators, with the cyber world running in the cloud. It enables users to sense, store, present and analyze data to make informed decisions and help them to control the world around them.
Simply put, the Internet of Things, links objects to the internet. It basically connects any device with an ‘on’ and ‘off’ button to the Internet and other devices. Such connectivity enables the pulling of data and insights that were never before available for study and investigation. Devices could be anything from cell phones, wearable devices, headphones, lamps, home appliances and any components that form part of a machine, such as a car or plane. Basically, any electronic device that you can think of can be connected to the Internet! Is anyone else finding this cool and scary at the same time?
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