The Internet of Things Is Happening Now

Almost every physical object can be connected to the internet.

We are racing forward to an era of hyper-connectivity. Objects now have the ability to communicate with each other, all using DATA!

The Internet of Things is happening now!

The Internet of Things (IoT) is a term that has been thrown around for a few years now, but many of us may still not fully understand what it means.

The IoT refers to a network of physical objects or “things” that have the capabilities to both collect and exchange any amount of data. They do this through a variety of software, electronics, sensors, and network connectivity.

So many devices that we own are connected to this “Internet of Things”, and we are using this network of data everyday to make our lives easier. This includes everything from cell phones, coffee makers, washing machines, headphones, wearable devices and almost anything else you can think of. If it has an on and off switch, then chances are good that it is connected to the IoT.

Now that more and more objects are connected to the IoT, those objects can all communicate to optimize day-to-day practices, create new opportunities, and save us money!

This is a great video looking at 7 bind-blowing facts of the Internet of Things.

“In 2008, there were already more objects connected to the internet than people.”

“The ATM was one of the first objects of the Internet of Things, dating back to 1974.”

“This year we will have 4.9 Billion connected things.”

“By 2020, we will have 6.1 Billion smartphone users.”

“The global market for wearable devices has grown 223% in 2015.”

“By 2020, a quarter of a billion vehicles will be connected to the internet.”

“All of these devices collect and transmit data, contributing to our Big Data world!”

The more we know about the Internet of Things, the more we can use it along with Big Data to save us time and money!