Internet of Things

Internet-of-things1

The Internet of Things (IoT) is an online environment in which objects, people and even animals are provided with unique identifiers and have the ability to transfer data over a network. This transfer can be done without human-to-human or human-to-computer interactions. “Things,” or devices that are a part of the Internet of Things include, but aren’t limited to, smartphones, refrigerators, sensors on a car that alert the driver when tire pressure is low, a heart monitor implant, and a biochip transponder in a farm animal.

Things have begun to share their experiences with other things. Devices now have the ability to sense, communicate, and touch. From there, things can communicate and interact with other things on their own, without the need of human intervention. Let’s take smartphones as an example. Smartphones have a great deal of sensors. It knows where you are, if you’re moving, how you’re holding it, how much light is in the room, how close it is to your face, it knows what you’re saying to it, it even has an eye so it can see what’s around it, and it can communicate over a wireless network. Smartphones are able to learn their surroundings and transfer the data they are collecting over a wireless network to other devices, including other phones, computers, and tablets.

These smart and connected devices are already transforming our world and the competitive forces in business. Advances in these technologies have positively affected industries such as healthcare, travel and energy. Sensors on planes communicate with technicians on the ground to tell them what parts need to be fixed or serviced even before the plane lands. Medical technologies send out patients data to multiple doctors so that you can get attention faster and so that doctors have more time to see more patients. Wind turbines tell engineers what parts need to be fixed so they can be ordered and fixed immediately.

The Internet of Things is growing and changing rapidly. Forbes compiled some interesting facts about the IoT that show the staggering facts about the phenomenon and prove that it is here to stay.