IoT stands for Internet of Things and refers to the interconnected network of physical objects, devices, vehicles, buildings, and other items embedded with sensors, software, and connectivity. IoT enables these objects to collect and exchange data. This allows these "things" to be remotely monitored and controlled, creating opportunities for more efficient decision-making, automation, and improved experiences. The data is linked from these objects, via a gateway, to the appropriate endpoints and are then displayed in near real-time on a dashboard using message queues. Smart logic and workflows can be put in place on top of this data to tailor any set of data to a specific use case. Finally, the data can be stored and managed with a certain tool to provide business insights and ultimately, with Machine Learning tools and predictive analytics.
IoT has emerged in recent years as one of the most significant 21st-century technologies. Continuous communication between people, processes, and things is now possible thanks to the ability to connect ordinary items such as household appliances, automobiles, thermostats, baby monitors, the list goes to the internet via sensors and embedded systems. Low-cost computers, the cloud, big data, analytics, and mobile technologies enable the sharing and collection of data by physical objects with little human intervention. Digital systems can record, monitor, and modify every interaction between connected entities in today's hyper-connected environment. The physical and digital worlds collide, by working together.