The Internet of Things (IoT) is the network of physical objects or “things” embedded with electronics, software, sensors, and network connectivity, which enables these objects to collect and exchange data. The Internet of Things allows objects to be sensed and controlled remotely across existing network infrastructure, creating opportunities for more direct integration between the physical world and computer-based systems, and resulting in improved efficiency, accuracy and economic benefit. Each thing is uniquely identifiable through its embedded computing system but is able to interoperate within the existing Internet infrastructure.
With a billion-plus connected smart devices and machines worldwide, the Internet of Things (IoT) provides vast amounts of actionable data in near real time.
Organizations of all kinds and across all industries use this information to create new operating models, bring products to market faster, and develop more efficient business processes.
The Internet isn’t merely developing, it’s exploding, and the numbers prove it. Take a look at our graphic below — it shows the advancing surge of connected devices using the Internet.
Today, there are more connected devices than there are human beings on the planet. This expansion isn’t just from cell phones, tablets and computers – it’s thanks to toothbrushes, stovetops and millions of other devices that now have IP addresses. Estimates show that there will be over 50 billion connected devices by 2020.
Fast, ubiquitous Wi-Fi and increasing home broadband speeds will drive the Internet of Things and the ever-expanding web.