Internet of Things (IoT)
General Networking Technologies
What it means:
The Internet of things (IoT) refer to common physical devices – such as an electric bulb, lock, washing machine or even an automobile augmented with software and internet connectivity.
Why you should care:
The direct benefit is the ability to monitor and control these IoT devices from anywhere in the world. IoT devices can collect data, which can be used to enhance user experiences, improve organizational efficiency or reduce organizational costs. IoT can also enable organizations to offer new services along with their existing products.
For instance, smart locks can enhance the security for a home owner or a guest at a hotel. Intelligent lighting controls can reduce energy usage. Additionally, connected trash cans can inform a waste management company when it is full and thus require a collection process.