For a wikipedia definition you can go here: http://en.wikipedia.org/wiki/Internet_of_Things and a great tidbit is that it was coined in 1999 as part of the wave of optimism around the RFID industry which has never delivered on its promise (Walmart lack of implementation dampened its potential). In order to understand what it is today I am going to boil it down to these 8 elements:
- Sensing and Control
- Analytics (big data) and the cloud
- Applications, ROI and 2nd/3rd order effects
- Standards and Regulation
- Ecosystems and Communities
- Investment Opportunities as I see them
In analytics and software it was great to see the ARM @mbedmicro platform (ably steered by Simon Ford) still making waves with an interesting announcement on IoT software with LogMein Inc. To me this is one of the key weak links in IoT and thats the software transport layer. One to watch and possibly an investment opportunity.
Each week I will dig around for whats important and pass it on. Hope to get better graphics, a few interviews and if I can pul it off maybe a podcast. Please ping me with any feedback and stay in touch at firstname.lastname@example.org or tweet me @dblaza.