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Summary

What is the Internet of Things?

The Internet of Things, or IoT, refers to the billions of physical devices around the world that are now connected to the internet, collecting and sharing data.

What is an example of an Internet of Things device?

Pretty much any physical object can be transformed into an IoT device if it can be connected to the internet and controlled that way.

A lightbulb that can be switched on using a smartphone app is an IoT device, as is a motion sensor or a smart thermostat in your office or a connected streetlight. Smart cities projects are filling entire regions with sensors to help us understand and control the environment.

What are the benefits of the Internet of Things for business?

The benefits of the IoT for business depend on the particular implementation, but the key is that enterprises should have access to more data about their own products and their own internal systems, and a greater ability to make changes as a result.

What are the benefits of the Internet of Things for consumers?

The IoT promises to make our environment -- our homes and offices and vehicles -- smarter, more measurable, and chattier. Home security systems make it easier to monitor what's going on inside and outside, or to see and talk to visitors.

What about Internet of Things security?

Security is one the biggest issues with the IoT. These sensors are collecting in many cases extremely sensitive data -- what you say and do in your own home, for example. Keeping that secure is vital to consumer trust, but so far the IoT's security track record has been extremely poor.

The Internet of Things and smart cities

By spreading a vast number of sensors over a town or city, planners can get a better idea of what's really happening, in real time. As a result, smart cities projects are a key feature of the IoT. Cities already generate large amounts of data (from security cameras and environmental sensors) and already contain big infrastructure networks (like those controlling traffic lights).

Risks

But when it comes to digital security, you should remember that hackers can get control on your devices.Though the Internet of Things is a wonderful development that will bring a lot of improvement to both our lives as well as the way business is conducted, the risks associated with it should not be ignored or downplayed.


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