What does the Internet of Things (IoT) mean?
IoT stands for “Internet of Things,” a term for all network-enabled objects that are not computers, like laptops and servers. Different network links exist, such as Bluetooth, Wi-Fi, and near-field communication (NFC). The Internet of Things (IoT) comprises home security systems, “smart” appliances like freezers and thermostats, wearable tech like Apple Watches and Fitbits, routers, and smart speakers like Amazon Echo and Google Home.
The Internet of Things: How It All Works
These gadgets use Internet protocol (IP), the same system computers use to connect to the Internet and talk to each other. The idea behind the Internet of Things is for gadgets to report to the network in real time. This will make the system more efficient and bring up essential data faster than if people had to do it.
In 1999, Kevin Ashton of Procter & Gamble coined the phrase “Internet of Things” to describe how RFID tags could improve supply chains. 1
What the Internet of Things Can Do for You
A lot of different areas will change because of the Internet of Things. In medicine, for instance, connected gadgets can help doctors monitor patients inside and outside hospitals. Then, computers can look at the information to help doctors change their methods and help patients do better.
Additionally, community planning is also going through a change. Placed under a busy street are sensors that have an IP address. This lets city officials let drivers know about upcoming delays or crashes. Meanwhile, intelligent trash cans can let the city know when they’re complete, which helps plan the best ways to collect trash.
A business that smartly uses smart gadgets will probably also have an edge over its competitors. For example, a company can cut its total costs by keeping track of data about how much energy it uses and how much inventory it has. Connectivity may also help businesses sell to customers better.
If a storekeeper watches how a customer acts inside, they might be able to suggest products that are more likely to make the customer buy more. There is a product that can be used to remind a customer of future service times and even make the customer book the appointment once it is in their home.
When it comes to the Internet of Things, there are still a lot of private issues that need to be worked out. This is true for all types of personal data. The rules for technology have changed much more quickly than the technology itself, so businesses adding more devices that can connect to the Internet may face regulatory risks.
Conclusion
- IoT stands for “Internet of Things,” a term for all network-enabled objects that are not computers, like laptops and servers.
- Different network links exist, such as Bluetooth, Wi-Fi, and near-field communication (NFC).
- Things like “smart” products, home security systems, computer add-ons, wearable tech, routers, and smart speakers are all part of the IoT.
- The Internet of Things is changing all areas, from medicine to urban planning to gathering consumer data.
