The Internet of Things (IoT) has arrived—and it’s here to stay—with its network of RFID tags, machines, appliances, smart phones, buildings, and many other devices with embedded technology that can be accessed over the Internet.
So what is IoT exactly? IoT is the concept of a seamless, all-encompassing and ubiquitous network of devices with the goal to facilitate smart co-ordination between the devices themselves as well as between the devices and human users. These devices are typically constrained devices such as sensors, but also more sophisticated ones like smartphones are considered part of the ecosystem. By accessing and processing the data that comes from these devices you can create enormous opportunities for your business.