The Internet of Things (IoT) is the network of physical objects, devices, vehicles, buildings and other items which are embedded with electronics, software, sensors, and network connectivity, which enables these objects to collect and exchange data.
The IoT is enabling innovations like self-driving (autonomous) cars, “smart” fleet management, and intelligent transportation infrastructure.
IoT allows objects to be sensed and controlled remotely across existing networks, creating opportunities for direct integration between the physical world and computer-based systems, and resulting in improved efficiency, accuracy and economic benefit.
when IoT is augmented with sensors, the technology becomes an instance of the more general class of cyber-physical systems, which also encompasses technologies such as smart grids, smart homes, intelligent transportation and smart cities. Each thing is uniquely identifiable through its embedded computing system but is able to interoperate within the existing Internet infrastructure. Experts estimate that the IoT will consist of almost 50 billion objects by 2020
“Things,” in the IoT sense, can refer to a variety of devices such as heart monitoring implants, biochip transponders on farm animals, automobiles with built-in sensors, DNA analysis devices for environmental/food/pathogen monitoring or field operation devices that assist in search and rescue operations.
However, many social observers caution against the rapid growth in IoT. Data and security risks top the list with every one of these connected things and devices potentially creating new points of entry to hackers.
Questions to consider during presentation
- What’s the biggest risk associated with IoT?
- What would hold back the benefits of IoT?
- Which sectors will benefit most from IoT?