The interconnection of physical devices, vehicles, buildings and other items which are embedded with electronics, software, sensors, actuators and network connectivity which enable these devices to send and receive data, is what Internet of Things or IoT is about. In the year 2013, the Global Standards Initiative on Internet of Things (IoT – GSI) defined IoT as one global infrastructure of the information society, which enables advance services through the interconnection, physical or virtual, of things that are capable of identification and integration of communication networks.
This technology allows objects to be sensed or remotely controlled across existing network infrastructure. IoT includes technologies like smart grids, virtual power plants, smart homes, intelligent transportation and smart cities.
The term Internet of Things or IoT was termed by Kevin Ashton of the Procter and Gamble, later on MIT’s Auto ID Centre in the year 1999.