What is the Internet of Things (IoT)?

The topic of the Internet of Things (IoT) is increasing in popularity. With so much talk, you may be wondering to yourself, “What is IoT?” The Internet of Things is defined as the technology that allows objects like home appliances, fixtures, or devices to send and receive data via the internet. More devices are being created with Wi-Fi capabilities connected to them with sensors to receive this data.

This is basically connecting any device with an on/off switch to the internet so users can control them remotely. Since it’s reported that 30.7 billion devices are expected to be connected by 2020, IoT is something to keep in mind for future initiatives.

IoT is currently a fun application for users to control various electronics, like lights, cars, and coffee makers. As this technology develops though, there will be more opportunities to us IoT to work more efficiently. In the future, you could use IoT to control inventory and have orders placed automatically when a product runs low. Utilizing IoT in the future will allow stores to create a more personalized experience for shoppers and can also save time for employees.

Sources: hubspot.com, forbes.com

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