What is the Internet of Things (IoT)
The Internet of Things or IoT is a network system of physical objects with sensors, software, and other types of technology that connect and exchange data with other devices or systems over the internet or a communication network without requiring person-to-person or person-to-computer interaction.
IoT - How Does It Work and Why It Is Important?
IoT is a continuously growing collection of connected devices – from smartphones to sensor-equipped manufacturing machinery to remote sensing devices – utilising embedded sensors and other technologies to receive, store and send data via the IoT gateway or the cloud.
IoT has become one of the most important technological developments of the 21st century. We can connect everyday objects, such as medical devices, kitchen appliances, automotive systems and thermostats to the internet, enabling communication between people, connected objects, and automated processes. These devices and access to big data, mean people can save time and money on repetitive tasks.
Next-generation devices across many industries rely heavily on data sharing. The autonomous collection and exchange of big data and its accessibility enables increased operational efficiency and better employee engagement and performance. IoT also creates opportunities for organisations to gain faster insights into customer segmentation and targeted markets to achieve commercial goals.
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