Source: Google Images
As you can see in the above pictures, the devices are either talking to people or to each other. The technology that is enabling this communication to happen is Internet of Things (IoT). IoT is transforming the way every industry works. Any physical device called a ‘Thing’ which can be assigned with an IP address (Internet), can collect meaningful data (through sensor) and send data over a network (Wired or Wireless) is termed as IoT. In 1999, Kevin Ashton a British Entrepreneur called this technology as ‘Internet of Things’. Industrial Internet (by GE) and Internet of Everything (by CISCO) are synonyms to Internet of Things.
Transfer of meaningful data can be between two devices, device and a living thing, device and an external system.
IoT application includes almost every industry – Banking, Healthcare, Infrastructure, Energy, Transportation, Consumer electronics, Manufacturing, Construction, Building, Automobile, Agriculture and Environment.
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