1. What is Internet of Things : “Sensors and actuators embedded in physical objects are linked through wired and wireless networks”.
2. The term Internet of Things was invented in 1999, initially to promote RFID technology
3. M2M or the Industrial internet are not opposing concepts to the Internet of Things.The popularity of the term IoT did not accelerate until 2010/2011 and reached mass market in early 2014
Birth of Internet of Things
Kevin
Ashton, the Executive Director of Auto-ID Labs at MIT, was the first to
describe the Internet of Things, while making a presentation for Procter &
Gamble. During his 1999 speech, Mr. Ashton stated:
“Today
computers, and, therefore, the Internet, are almost wholly dependent on human
beings for information. Nearly all of the roughly 50 petabytes (a petabyte is
1,024 terabytes) of data available on the Internet were first captured and
created by human beings by typing, pressing a record button, taking a digital
picture or scanning a bar code. The problem is, people have limited time,
attention, and accuracy. All of which means they are not very good at capturing
data about things in the real world. If we had computers that knew everything
there was to know about things, using data they gathered without any help from
us, we would be able to track and count everything and greatly reduce waste,
loss and cost. We would know when things needed replacing, repairing or
recalling and whether they were fresh or past their best.”
