IoT - Internet Of Things

What is Internet Of Things (IoT)

A thing, in the Internet of Things, can be a person with a heart monitor implant, a farm animal with a biochip transponder, an automobile that has built-in sensors to alert the driver when tire pressure is low -- or any other natural or man-made object that can be assigned an IP address and provided with the ability to transfer data over a network. So far, the Internet of Things has been most closely associated with machine-to-machine (M2M) communication in manufacturing and power, oil and gas utilities. Products built with M2M communication capabilities are often referred to as being smart.

Although the concept wasn't named until 1999, the Internet of Things has been in development for decades. The first Internet appliance, for example, was a Coke machine at Carnegie Melon University in the early 1980s. The programmers could connect to the machine over the Internet, check the status of the machine and determine whether or not there would be a cold drink awaiting them, should they decide to make the trip down to the machine.

Dr. John Barrett explains the Internet of Things in his TED talk:

'Internet of Things' to reshape the security industry

The evolution of the Internet of Things and the increasing connected nature of all devices stands poised to reshape the security industry, according to new research from Memoori.

The game changer in the physical security industry is still IP driven, not just across video but now into access control and intruder alarms. The industry is fast moving to an all IP business, which has vastly improved and extended the value propositions for end users.

Security companies that have grasped this opportunity and can demonstrate how improved ROI can be achieved through making businesses and institutions operate more efficiently are growing fast and profitably. IoT is now at the top of the hype curve and it will take at least five years before it reaches the slope of enlightenment, according to Gartner. When it does, analog systems will suffer a rapid decline.

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Spotlight Articles on IoT

The IoT is gaining momentum. Learn how Enterprise Asset Intelligence is enabling businesses to gain actionable intelligence on their assets, people and transactions.

Lets understand what Industry experts have to say on IoT.

“The industrial internet of things (IIoT) will be a major trend in 2015, with significant implications for the global economy”, according to Asif Javed, managing director for technology at Accenture.

♦ See more at: Industrial IoT’s  impact  ‘significant’

The only way organizations will be able to reap a worthwhile return on investment from their IoT deployments will be by leveraging more cloud services. So any IT or business decision-maker who continues to resist the idea of employing cloud services to offset the costs and complexities of in-house data centers will stand in the way of fully capitalizing on today's IoT opportunities.

♦ See more at: The IoT, Big Data and Cloud Come Together

IT organizations must help their business units shift their solution orientation from building standalone products to delivering ongoing, subscription services. Given that IoT solutions require continuous connections to end-units in order to be of value, it is also true that the best way to package, price and position these solutions is as subscription services.

♦ See more at:  IT’s 10 Steps to IoT Success

Analyst firm Gartner says enterprises spent more than $40 billion on what could be called Internet of Things (IoT) programs. As more IP-enabled devices get connected, enterprises may shift spending patterns and disrupt the way IT is acquired and supported.

♦ See more at: ‘Internet of Things’ shifting IT spending priorities