The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers (UIDs) and the ability to connect and exchange data with other devices and systems over the Internet or other communications networks. IoT devices use embedded systems, such as processors, sensors, and communication hardware, to collect, send, and act on data they acquire from their environments. IoT technology has become one of the most important technologies of the 21st century, allowing for seamless communication between people, processes, and things.
IoT devices can be used in a variety of settings, including the consumer market, healthcare systems, and industrial settings. In the consumer market, IoT technology is most commonly associated with products related to the concept of the "smart home," such as lighting fixtures, thermostats, home security systems, cameras, and other home appliances that can be controlled via devices associated with that ecosystem, such as smartphones and smart speakers. Industrial IoT (IIoT) refers to the application of IoT technology in industrial settings, especially with respect to instrumentation and control of sensors and devices that engage cloud technologies.
An IoT platform manages device connectivity and can be a software suite or a cloud service. The purpose of an IoT platform is to manage and monitor hardware, software, processing abilities, and application layers. The IoT is essential to business, allowing for the collection and analysis of massive amounts of data in real-time and enabling automation.
