Why the Internet of Things matters

As the world moves towards converging technologies, analysts predict that billions of devices will be able to communicate with each other—an ability that has the potential to dramatically enhance the quality of living and change the way we experience products around us. The Internet of Things, or IoT, is defined as a worldwide network of “things” that include identifiable devices, appliances, equipment, machinery of all forms and sizes with the intelligence to seamlessly connect, communicate and control or manage each other to perform a set of tasks with minimum intervention.