IoT is the internetworking of physical devices, vehicles (also referred to as "connected devices" and "smart devices"), buildings and other items—embedded with electronics, software, sensors, actuators, and network connectivity that enable these objects to collect and exchange data.
It is a really cool concept because it helps us to live life more effectively. Here's a video of what IoT is about.
According to Wikipedia, the IoT allows objects to be sensed and/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. IoT can improve the way we live and work. The IoT is a giant network of connected “things” (which also includes people). The relationship will be between people-people, people-things, and things-things. There will be challenges, but I am hopeful it will change us and the world for the better.
Till then.
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