Internet Of Things (IOT)

Internet Of Things (IOT)

The Internet of Things refers to uniquely identifiable objects (things) and their virtual representations in an Internet-like structure. The term Internet of Things was first used by Kevin Ashton in 1999.

The concept of the Internet of Things first became popular through the Auto-ID Center and related market analysts publications.[ Radio-frequency identification (RFID) is often seen as a prerequisite for the Internet of Things.

Internet Of Things (IOT)

Currently we can discern two main blocks of thought on IoT. The first is a reactive framework of ideas and thought that sees IoT as a layer of digital connectivity on top of existing infrastructure and things.

This position sees IoT as a manageable set of convergent developments on infrastructure, services, applications and governance tools. It is assumed that, as in the transition from mainframe to Internet some business will fail and new ones will emerge, this will happen within the current governance, currency end business models.

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