What is IoT with example?

In short, the Internet of Things refers to the rapidly growing network of connected objects that are able to collect and exchange data in real time using embedded sensors . Thermostats, cars, lights, refrigerators, and more appliances can all be connected to the IoT.

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Why is it called IoT?

Ashton who was working in supply chain optimization, wanted to attract senior management’s attention to a new exciting technology called RFID. Because the internet was the hottest new trend in 1999 and because it somehow made sense , he called his presentation “Internet of Things”.

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What is IoT and it’s application?

Business-ready, SaaS IoT Applications IoT applications use machine learning algorithms to analyze massive amounts of connected sensor data in the cloud . Using real-time IoT dashboards and alerts, you gain visibility into key performance indicators, statistics for mean time between failures, and other information.

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