09/22/2015 Leave a comment
Is your company leading in innovation technology or trailing behind, trying to cope with the everyday issues of running a business? If we’re being honest, it’s tough to keep up in this dynamic environment. Especially when it comes to one of the great buzz phrases of this decade – The Internet of Things (IoT). For some, it may not matter or it may still simply be a luxury, but for others it could be a key component to a profitable, and long-term business strategy.
Let’s start with the basics. As per Wikipedia, the Internet of Things is defined as:
“The Internet of Things (IoT), also called Internet of Everything or Network of Everything, is the network of physical objects or ‘things’ embedded with electronics, software, sensors, and connectivity to enable objects to exchange data with the production, operator and/or other connected devices based on the infrastructure of International Telecommunication Union’s Global Standards Initiative. 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.”1
Or in layman terms:
“The concept of basically connecting any device with an on and off switch to the Internet (and/or to each other). This includes everything from cell phones, coffee makers, washing machines, headphones, lamps, wearable devices and almost anything else you can think of.”2
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