“IoT is a network of uniquely identifiable endpoints (or “things”) that communicate without human interaction using IP connectivity – be it locally or globally.” – IDC definition.
The availability of high-speed, high-capacity bandwidth, cheaper and ever-smarter microprocessors, massive, low-cost data storage options, and widespread mobile tech have all combined to create a perfect storm of IoT opportunities, challenges (and hype) –- in both the consumer and industrial/enterprise sectors.
