What is the IoT? Everything you need to know about the Internet of Things right now

The Internet of Things (IoT) refers to the vast network of physical devices connected to the internet, all collecting and sharing data. With advancements in low-cost computer chips and widespread wireless networks, everyday objects, from small items like pills to large ones like airplanes, can now become part of the IoT. This interconnection allows devices to communicate real-time data autonomously, adding digital intelligence to previously non-smart objects and making the world around us smarter and more responsive. IoT merges the physical and digital realms, creating a seamless integration of technology into our daily lives.

IoT devices can range from simple items like lightbulbs and motion sensors to more complex systems, such as driverless trucks or smart city projects. These devices can be controlled or transmit data without human involvement. While objects like smartphones, which are already connected, aren't typically classified as IoT devices, wearables such as smartwatches or fitness bands fall under this category. The evolution of IoT began in the late 20th century, and it took time for the necessary technology, like RFID tags and IPv6, to develop. In 1999, Kevin Ashton coined the term "Internet of Things," but it took years for the technology to mature.

The IoT has grown significantly and continues to expand, with predictions suggesting that there will be 41.6 billion connected devices by 2025. It has shifted from a business and industrial focus to becoming relevant in homes and everyday life, with the adoption of smart devices like wearables and home automation systems. The impact of IoT on businesses is substantial, offering increased agility and efficiency by providing real-time data about products, systems, and supply chains. Manufacturers can use this data to predict equipment failures and improve operational efficiency, demonstrating how IoT is transforming industries across the globe.

Source: https://www.zdnet.com/article/what-is-the-internet-of-things-everything-you-need-to-know-about-the-iot-right-now/