TECHNOLOGY
THE INTERNET OF Things ( IoT ) describes a networked computing system where applications intelligently monitor and control remote sensors , mobile devices and smart machines , and where devices such as actuators , valves and switches are connected and communicating .
The resulting data can automate processes , eliminate inefficiencies and accelerate business innovation . IoTdriven intelligent systems are actually a ‘ system of systems ’ deployed in cloud , datacentre and field environments . By gathering and analysing massive amounts of data , this wave of increasingly intelligent systems can help organisations make more accurate and well-informed decisions . And by intelligently controlling remote devices , next-generation applications will help improve automation and optimise business processes .
Until now much of the discussion about the Internet of Things ( IoT ) has centred on consumer products like wearable devices , smart cars and appliances . These devices , aimed at delivering better control over consumers ’ lives , are provoking thoughtful discussions in boardrooms and strong investment from venture
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capital firms . This is unsurprising given the natural fascination with ways to use technology to improve our lives . The rapid development of futuristic technology gives hope that solutions to complex problems and challenges can be found .
The Possibilities Are Endless When it comes to an IoT approach in the enterprise , the full range of possibilities continues to grow and the
16 February 2015