Internet of Things (IoT)
The IoT is everywhere and it’s connecting everything! From individual devices to smart city infrastructures; could IoT revolutionise your business as you know it?
What is the IoT?
Although not new, the Internet of Things, or the Internet of Everything (IoE) as it’s more recently been called, has been gaining momentum over the last 5 years.
Put simply, the IoT is about connecting devices over the internet (or other frequencies such as Wi-Fi) and letting them “talk” to applications, each other and to us. It’s a similar concept to software and hardware integration.
It’s enabling individuals and even cities to become smarter and more efficient – and potentially it could do the same for your business.
How can IoT help your business?
With The International Data Corporation (IDC) estimating that, by 2020, devices connected to the Internet will generate nearly $9 trillion in annual sales, it’s clear that IoT presents businesses with huge potential. But the way in which connected devices are used by companies will vary massively depending on industry.