In many ways, “Internet of Things (IoT)” is an extremely poor name for the array of technologies allowing businesses to use data generated by connected intelligent devices (i.e., things) to drive improved business outcomes. First of all, internet implies that the most important aspect is connectivity, when in fact connectivity is merely an enabling prerequisite. Second, things leads many to believe we’re principally focused on tiny, inexpensive devices such as sensors. While this is often the case, “things” may also be 18-wheel big-rig trucks, manufacturing equipment, and intelligent power meters, to name just a few.
Please click here to read the entire article by Kevin Walsh in Industry Week.