• Safi Bello

Understanding 'The Internet Of Things' -- (IoT) -- What Does It Actually Mean

According to tech target the definition of 'The Internet of Things' (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction. A thing, in the Internet of Things, can be a person with a heart monitor, a farm animal with a biochip transponder, an automobile that has built-in sensors to alert the driver when tire pressure is low -- or any other natural or man-made object that can be assigned an IP address and provided with the ability to transfer data over a network. A Forbes article states that the Internet of Things market will reach 267B by 2020. According to the Forbes article Boston Consulting group predicts that by 2020, €250B ($267B) will be spent on IoT technologies, products, and services. The greatest two sources of revenue growth in the IoT market will be from services and IoT applications investment. To learn more about 'The Internet of Things' (IoT) click on the pictures below to read the articles.

What is the Internet of Things? Read More from WIRED
The Internet of Things: What It Is, How We Use It, and What's Ahead [Infographic] - Read More from MarketingProfs
What is the Internet of Things (IoT)? - Read More from Business Insider
Google strengthens Android relationship with Intel in IoT - Read More from PC World

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