The Internet of Things (IoT) is predicted to become one of the most significant drivers of growth for many industries, but its definition has been fuzzy. So the IEEE IoT initiative addressed this challenge by preparing an 86-page report called “Towards a Definition of the Internet of Things”.
The document provides an all-inclusive definition of IoT that ranges from small localised systems to a large global system that is distributed and made of complex systems. It also provides an overview of the IoT’s basic architectural requirements.
You might also find this recent IoT article from McKinsey to be of interest: Preparing IT systems and organizations for the Internet of Things
In the webinar below, analysts from Technology Business Research considered IoT business transformation and addressed key questions such as:
- How do customers look to IoT to transform their businesses?
- How does the need for IoT to transform business differ by vertical market?
- How can IoT actually transform a business?