What is IoT?

The term ‘Internet of Things’ (IoT) was first coined by British technologist Kevin Ashton in 1999. Since then, the concept has grown rapidly to become one of the most influential and far-reaching technology trends of the 21st century. Generally speaking, IoT is the network of physical objects (known as ‘things’) that are embedded with technology and can collect and exchange data using a wireless connection – in other words, objects that can connect to the internet. IoT is part of a larger technological movement known as the Fourth Industrial Revolution, which fundamentally involves the integration of digital, physical and biological elements.

IoT in Practice

When we think of IoT in practice, the first examples that usually come to mind are smart home devices, such as thermostats, surveillance cameras, doorbells and smoke alarms. But the concept is much broader than this and encompasses a huge range of everyday objects, from refrigerators and lightbulb adapters to smart watches and wedding rings. In short, anything that has the ability to connect to the internet and collect data can be considered part of the Internet of Things.

The Benefits of IoT

One of the most attractive aspects of IoT technology is its potential for a wide range of applications. In the healthcare sector, for example, IoT-enabled medical devices are revolutionising the way in which diagnoses and treatments are administered. It can also be used to improve efficiency and reduce costs in both domestic and industrial settings – by controlling energy usage, asset tracking and waste management, for example. What’s more, thanks to its unparalleled potential for data collection and analysis, IoT has the ability to open up a whole new world of business intelligence.

Ultimately, the concept of the Internet of Things is only just gaining traction, but it undoubtedly has the potential to revolutionise how we live and work. With its ability to increase efficiency, improve customer service and make everyday tasks easier, it’s not hard to see why IoT is becoming one of the most talked-about tech trends of the 21st century.