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What is IoT?

What is IoT - Expert Definitions

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Page 1: What is IoT - Expert Definitions

What is IoT?

Page 2: What is IoT - Expert Definitions

2016 6.4 billion connected “things” throughout world

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2020 20.8 billion connected “things” throughout world

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5.5 millionnew things connected

every single day

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What are these “things?”

Devices, machines, and objects connected to the Internet in our homes, workplaces, schools, cities, and cars that help us

live smarter, more efficient, and more streamlined lives.

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The Rise of IoT

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The Rise of IoT

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Because IoT has so many applications across a great deal of industries, it’s hard to settle on just one definition of IoT.

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So, we asked IoT industry leaders to answer the question “What is IoT?” in their own words.

This is what they had to say...

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The most frequently used terms and themes found in the expert definitions:

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Michael CrawfordPartner, Q Advisors

IoT is a system of capturing, transmitting, managing and analyzing data in order to monitor events, identify relationships, predict outcomes and improve performances. It’s digital origami through which otherwise flat bits and bytes take on a useful and informative shape.

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Alex DaviesAnalyst and Editor, Rethink IoT

Adding connectivity, whether direct or indirect, to a previously unconnected object, and deriving a value from that connection.

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Vitaly M. GolombInvestments and Partnerships,

HP Tech Ventures

Much like the letter “e” was attached to many new business models during the dot com wave; IoT is a term being used to describe some ineffable, Internet-connected future. The reality is, that devices will increasingly be pervasively connected to the Internet. We are going through the first wave of this phenomenon now.

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Bernhard MehlCEO, Kisi

Machines communicating with each other and their surrounding environments to help humans, other machines, and applications make smarter, more efficient decisions.

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Saverio RomeoPrincipal Analyst, Beecham Research

The question “What is the IoT?”, inevitably, takes me to Mark Weiser’s seminal paper “The Computer for the 21st Century” published in 1991. The paper starts with the famous statement “The most profound technologies are those that disappear. They weave themselves into the fabric of everyday life until they become indistinguishable from it.” From there, the paper is a marvellous jump into the future, a jump into the days we are living and the ones will come! The Internet of Things vision fuses physical spaces and digital (or virtual) spaces through a plethora of devices that disappear in the context around us or in our body or in the objects that we use or may use. All this defines new lifestyles and new modi operandi that efficiently and sustainably led to better life conditions and new ideas.

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Dr. Mazlan AbbasCEO, REDtone IoT

The ultimate goal of IoT is to automate your digital lifestyle and propel your business.“

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Daniel BurrusFounder and CEO, Burrus Research, Inc.

The Internet of Things (IoT) is a combination of networked sensors and machines that enable machine-to-machine communications. Enabling technologies include the Internet, advanced cloud services, wired and wireless networks, and data-gathering sensors, making the system instantaneous anywhere, anytime. Advantages of IoT include the ability to monitor and control, real-time asset management, faster response times, major cost savings and, perhaps the biggest advantage, the ability to predict and prevent. IoT will create one of the biggest disruptions and opportunities we have seen in every imaginable field.

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Joao Marques LimaJournalist, Computer Business Review

The IoT is now moving away from the embryo stage into the real world. It is about connecting things (not only physical objects, people, animals, etc, but also services) to the internet. Simply put, if it has an IP address, an identifier and internet connection then it is an IoT-enabled product (hence all those giant stats we get bombarded with all the time). These products send out and receive data from different sources, with the cloud being a crucial part of the whole IoT ecosystem. This architecture generally also includes IoT software, sensors, gateways, and any other sort of hardware needed. Yet, IoT only makes sense if it can provide real value to the end-user, an operator or a manufacturer. A consumer example is a smart wallpaper that can call for the right emergency services in case of a home accident. Are we going to keep calling it IoT? Only the future will tell.

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Ali SheikhSenior Associate, Konica Minolta BIC

The Internet of Things is a network that makes [dumb] physical devices smart by allowing these devices to communicate with each other and make various decisions without the need of human interaction.

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Scott NelsonCEO/CTO, Reuleaux Technologies

The Internet of Things is a technology-business ecosystem wherein real world activity and situational data from things are collected from sensors and digital infrastructure, especially wireless infrastructure. This data is processed in a contextual understanding that enables companies to achieve greater value through improved operational performance, better customer service, and/or new solutions to customer needs.

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Jessica GroopmanResearch Director and Principal

Analyst, Harbor Research

The interconnection and interaction of the digital and physical worlds, wherein uniquely identifiable embedded technology connects and integrates physical ‘things’ (i.e. objects, people, devices, machines, infrastructure, systems, etc.) to information networks via existing and emerging Internet infrastructure. Put simply, IoT is a platform for connecting people, objects, and environments to inform and enable visibility, interactions, and innovation.

In two words: digital physical.

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Kurt NehrenzCo-founder and VP Technology,

BlueCats

The Internet of Things is an ecosystem currently under construction which will allow diverse and widespread information gathering and informed decision making. It is enabled by discrete, economical sensors who utilize long range, lightweight data transfer protocols, and low power cloud connected gateways which route an enormous amount of information to central systems which can raise alerts, analyze, and take action. This capability is driving efficiency savings and new opportunities through trend analysis and rapid reaction to the state of the endpoints in the connected ecosphere. The world changed when the Internet allowed people to maintain a constant state of connectivity – and the IOT revolution represents the same leap forward.

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Kayiita JohnsonMajor Account Technical Sales Rep,

Texas Instruments

The Internet of Things has the potential to be the next stage of the mobile revolution. In order for that to happen, there needs to be a continued commitment to innovation – not only from startups, but also from the big infrastructure players. Construction firms, Internet providers and governments of all jurisdiction sizes around the world must be committed to creating opportunities for IoT companies. IoT can be as meaningless as certain areas of the Internet, or as useful as others, and our goal is to enable the IoT companies making a lasting impact in the world, on companies and consumers.

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John MyersManaging Research Director,

Enterprise Management Associates

The Internet of Things (IoT) is an interconnected web of sensor enabled devices that communication between each other and a series of intermediary collection points. This web of devices provides sensor information on device operation, status and location. However, the true value of the Internet of Things goes beyond the simple interconnected operational status communications. The value of the Internet of things is the ability to collect, analyze and act upon the information that flows from and between devices to create optimized scenarios of interaction between the IoT devices. For example, in a connected car scenario, where there may or may not be a driver, IoT promises to reduce congestion and improve transportation safety by historical and real-time information based decision making.

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Alexandra Deschamps-Sonsino

Founder, Designswarm

The Internet of things defines the potential new business services, products and interactions offered by embedding hardware technologies and connectivity (web/mobile/radio) in previously unconnected physical products and spaces.

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Murdoch FitzgeraldVP of Supplier Marketing,

Arrow Electronics

IoT is a movement that is driving transformation and influencing business outcomes, all enabled by technology. Arrow Electronics is a technology partner creating IoT end to end solutions to solve business challenges.

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Nicholas JoshiDirector of Customer Advocacy,

MakerBot

The IoT revolution is the idea of all devices connected to one universal network. This concept will revolutionize how people interact with technology and ultimately, each other.

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Rob van KranenburgFounder, Council

The Internet of Things is a horizontal operation affecting all domains, infrastructures and institutions much like the Internet has done with the browser (1993). It is driven by a combination of logistics (RFID, barcodes, NFC, QR codes, smart tags) that plans to tag every object on the planet, and IPv6 which will add IP functionality to anything that can hold software (from toothbrushes to cars and washing machines to lamps). It is not new. From the 70s ubicomp, pervasive computing and ambient intelligence brought us smart offices, gadgets and transport but as there was no Cloud all projects remained demos. From 2000 the Cloud enables IoT. That explains the speed and momentum it is gathering now. Operationally you can understand it if you look at what Google is doing with Glass, NEST, Google Car and Alphabet...read more here.

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Ken HerronChief Marketing Officer, Unified Inbox

IoT is when I have my house, my office, and my car in my iPhone’s Contacts, and I can communicate with them (i.e., email, text, tweet, and WhatsApp) just as easily as I can a person.

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Toby RuckertFounder and CEO, Unified Inbox

IoT is for Artificial Intelligence (AI) what the Internet was for e-commerce. One day we may ask whether new things were born from the internet or whether it was things that created a new type of internet. Perhaps both. We may then find it hard to separate between human, internet and machine. Ultimately IoT is ushering in a new area between nature, universe and technology.

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Davienne DenteAccount Executive, T-Mobile@Work

The Promise of IoT is to enable everything that simplifies our lives, to communicate. It’s the concept of a giant network giving us control or delivering information to us from multiple sources. It could be the simplest of objects like lightbulbs, or larger, such as appliances. It is allowing us to improve our experiences with things we already encounter in our day to day lives. Wireless has become the primary means for “things” to communicate. We are happy to be at the forefront of this technology, and excited about the future that is already here.

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For more What is IoT? definitions, visit

https://blog.getkisi.com/what-is-iot/