The internet of things (IoT) is a set-up of interconnected objects, people or systems that process and react to physical and virtual information. It achieves outcomes that aim to improve user experience or the performance of devices and systems. The expression IoT is increasingly being used to define objects that talk to each other.
Consider the following scenario: An alarm-clock transmits one’s wake-up time to the coffee-maker which in turn collects the information to perform the activity of making a cup of coffee available at the appropriate time. Further, the coffee-maker in turn transmits the information to the car to set the temperature inside to comfortable levels by the time one drives. The car in turn indicates the offices electrical switches to be switched on and signals the computer to prepare the schedule.
Simply put, the IoT is made up of several devices – from simple sensors to smartphones and wearables – connected together, which gather and analyze information and help perform a particular task or learning from the process. When many devices act in unison, they are known as having “ambient intelligence”.
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Dipak Rao is a senior partner and Sana Singh is an associate at Singhania & Partners
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