The Internet of Things (IoT) is, via Wikipedia, a "network of physical objects ... embedded with electronics, software, sensors and connectivity to enable it to achieve greater value and service by exchanging data." Or, more simply, it's when a plethora of different, everyday stuff is equipped with sensors that communicate with each other and relay information.
Current mergers and acquisitions related to the Internet of Things (IoT) continue to break records, according to the latest worldwide market study by 451 Research. Moreover, the applications for machine-to-machine (M2M) technologies are already surfacing in numerous industries. Buyers so far this...
The competition to become the third mobile device Operating System (OS), behind Google and Apple, has evolved. Introduction of the Internet of Things (IoT) has shifted the focus. Now, savvy OS vendors need to be concerned with supporting wearables, smart cars, and smart home devices.
What happens if someone manages to hack into one of these building automation devices and gains control over the locks of a building? What about if they are able to gain access to automatically update logs about what actions the device performs and the time of day in which they occur? As you can see, this could pose a serious threat.
The evolving Internet of Things (IoT) sector within the Asia-Pacific region will continue its rapid expansion, with the number of units connected to increase from 3.1 billion today to 8.6 billion by 2020, according to the latest market study by International Data Corporation (IDC).
Today, the vending machine industry is a global phenomenon, and it is now part of the growing Internet of Things (IoT) connected device market opportunity. There are more than 17 million vending machines worldwide. The world's vending operators have either installed or are now considering adding Internet connectivity.
Smart phones and watches were just the beginning, and now kitchen appliances, thermostats, and even baby onesies are being created with sensors that can relay information via an app or through email. All this is meant to improve the quality for life for consumers, but it also adds up to new marketing opportunities.
From fitness wearables to smart refrigerators, we are gradually integrating our entire lives onto the web and the massive grid of interconnected devices. Where are we headed? Predictions point towards a future where devices will become our “digital shadows,” a reflection of everything we are, and even hope to be. The question is: is that a good or bad thing? And does it even matter?