The Internet of things is the inter-networking of physical devices (like vehicles, buildings, and other items) embedded with electronics, software, sensors, actuators, and network connectivity that enable these objects to collect and exchange data.
Some also use the term industrial internet interchangeably with
IoT. This refers primarily to commercial applications of IoT technology
in the world of manufacturing. The Internet of Things is not limited to
industrial applications, however.
The Internet of things allows objects to be sensed or controlled remotely across existing network infrastructure,
creating opportunities for more direct integration of the physical
world into computer-based systems, and resulting in improved efficiency,
accuracy and economic benefit in addition to reduced human
intervention.
- Actuators: Mechanisms that affect the physical environment
- Virtual objects: Wallets, books, electronic tickets
- People: Individuals that control the environment through electronic or mobile applications
- Services: Systems that build things, process data, or run operations based on the data obtained by sensors
- Platforms: Middle ware used to connect the various components of the IoT
- Networks: A combination of wireless or wired technologies, protocols and standards that provide connectivity and connect all components of the IoT