Internet of Things (IoT)

 

The phrase “Internet of Things” in 1999 presentation – and it has stuck around ever since was coined by entrepreneur Kevin Ashton a., one of the founders of the Auto-ID Center at MIT. This PPT may have been first where the term Internet of Things was used, but the concept of connected devices – particularly connected machines – has been around for a long time. For example, machines have been communicating with each other since the first electric telegraphs were developed in the late 1830s.

Other technologies that fed into IoT were radio voice transmissions, wireless (Wi-Fi) technologies, and supervisory control and data acquisition (SCADA) software. Then in 1982, a modified Coke machine at Carnegie Mellon University became the first connected smart appliance.

Who's Using IoT?

Many industries use IoT to understand consumer needs in real time, become more responsive, improve machine and system quality on the fly, streamline operations and discover innovative ways to operate as part of their digital transformation efforts.

Retail

IoT unites data, analytics and marketing processes across locations. Retailers capture IoT data from in-store and digital channels and apply analytics.

Manufacturing

IoT connects all phases of the Industrial Internet of Things (IIoT) process – from supply chain to delivery – for a cohesive view of production, process and product data.

Health Care

IoT the technology captures data streaming in real-time from the Internet of Medical Things (IoMT) – such as wearables and other medical connected devices that monitor exercise, sleep, and other health habits.

Transportation and Logistics

IoT with geofence-enabled location intelligence and AI, deployed across the value chain can deliver greater efficiency and reliability for transportation and logistics companies.

Government

IoT applications are used to address many real-world issues – traffic congestion, city services, economic development, citizen engagement, and public safety and security.

 Energy

The Internet of Things helps providers deliver reliable, fair-priced services and products. IoT connected devices and machines predict problems before they occur. 

How the Internet of Things Works

Being connected through the Internet of Things – to send, receive and often act on data – results in many smart IoT things that we can use to build a more secure, convenient, productive, and intelligent world. Already, Internet of Things capabilities play a significant role in businesses’ digital transformation efforts. When we combine IoT data with advanced analytics and AI – leading to the “Artificial Intelligence of Things” – the possibilities seem endless.