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What is the Internet Of Things ? Paradigm Changing Or Hype ?

Posted on the 16 January 2014 by Worldwide @thedomains

A couple weeks back Mike did a story on and its $2.8 million price tag. Some people have left comments or emailed asking more about what exactly the Internet of Things (IOT) really is.

Pocket-Lint did a piece on IOT yesterday that is a good read for those interested in learning more.  From the article:

What is Internet of Things?

The Internet of Things (IoT, for short) is a phrase for when everyday objects are connected to the internet and participating together on a system, though it also means the convergence of conventional connected devices and smart appliances‏.

The Internet of Things was recently one of the stars of the 2014 Consumer Electronics Show in Las Vegas, where we saw many start-ups and manufacturers introduce web-connected products with smartphone apps or access to social networks.

Although these are considered connected devices, they’re also basic IoT devices. You see, there are many IoT hardware and software platforms being developed that could allow such connected devices to collaborate. Companies spearheading these systems include, Arduino, ThingWorx3 and others.

The goal is to have people seamlessly retrieve knowledge and function on a day-to-day basis without having to sit down at a computer or talk to another human. It’s like ubiquitous computing, but it goes beyond Google Glass and extends to every home, car, business, building and system in the world.

Who coined Internet of Things?

Kevin Ashton supposedly coined the phrase “Internet of Things” while working for Procter & Gamble in 1999. He later co-founded the Auto-ID Center at the Massachusetts Institute of Technology. Ashton talked in depth about IoT to the in 2009.

Read the whole story here

Here is a video from IBM that is very good and worth watching if you are interested in IOT:

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