What is the Internet of Things (IoT)│ Basic Explanation
What is the Internet of Things (IoT)?
IoT is an acronym that stands for the Internet of Things. The Internet of Things is a term referring to physical objects that features an Internet Protocol address for internet connectivity and the interaction or communication between these objects and other internet-enabled devices or systems.
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Internet of Things Extends Internet Connectivity
The Internet of Things transcends connecting the traditional pattern of phones, tablets, desktop computers and Laptops being connected to the Internet. They also involve the use of external and straightforward equipment enabled with internet technology to communicate with the environment and other technological devices.
I know all of these definitions may seem obnoxious. I’ll break it down for you. If you’ve ever told a 10year old to recite the English alphabets, there’s this pride that rises within the kid. It is an indeliberate show of confidence. Why? He knows how to recite it. This is how I want you to feel about IoT. I want you to know it like a 10year old knows the alphabets
The Internet of Things is a reference to how objects, devices, materials we use every day or casually are enabled with an internet connection not only to carry out technological and mechanical tasks but also communicate with other internet devices to carry out these tasks
Examples of objects that can fall into the scope of Internet of Things include connected security systems, thermostats, cars, electronic appliances, lights in the household and commercial environments, alarm clocks, speaker systems, vending machines and more.
Some Businesses can leverage IoT applications in their day to day activities to automate business projects. For example, a revolving door can self-open when a customer approaches it and close once the customer has successfully passed through it.
Also, installed cameras can make alarming noise when it comes in direct contact with laser lights. These are situations that make business easier and more fun.
The Future of the Internet of Things
At the moment, we have over 12 billion devices having the ability to connect to the internet, and researchers at IDC predict that by 5years from now, there will be 20 times more connected devices than persons.
The fear and glory behind IoT are that in the nearest future, devices may be doing what humans are doing now. Robots will efficiently count your cash before deposit. Robots will manage your bank accounts, thus be your account officer. They will give you authorized information about how best you should manage your fund.
Doors will close itself against you if you’re an unauthorized staff.
According to Gartner, consumer applications will control the number of connected things, while enterprises will account for most of the revenue. IoT adoption is fast growing, with manufacturing and utilities estimated to have the largest installed base of Things by 2020.