2Sensors and the Internet of Things (IoT)
The Internet of Things (IoT) is by no means a new concept. The term Internet of Things was first coined in 1999 by Kevin Ashton, a UK tech entrepreneur, and the basic concept was first demonstrated in the early 1980s. The broad idea of IoT has also been peddled under a variety of names: ubiquitous computing, machine-to-machine (M2M), the Internet of Everything, ambient intelligence, and a few more besides.
While IoT has been around for a while, the 2020s will be the decade of widespread IoT adoption. Spending on IoT technology in the next decade will dwarf all previous deployments. IoT will reshape every industry on the planet. It will streamline business processes, create new value, improve customer service, make infrastructure more responsive, reduce maintenance costs, shift business models, and speed process automation.
IoT is set to transform almost every business, every city, and every home in the developed world. Ultimately, it will transform the lives of everyone on the planet. All of the main ingredients needed to make the Internet of Things viable are now in place: low-cost sensors, cheap computing, widely available connectivity, cloud storage, low-cost compact batteries, energy harvesting technology, and standards to connect all the pieces together.
Cheap, Tiny Computers and 100 Trillion Sensors Make Everything Smart and Connected
The idea behind the Internet of Things is that everything—objects, infrastructure, machinery, ...
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