The Internet of Things, of course! If the Internet of Things isn’t familiar to you, imagine the futuristic smart houses you’ve seen featured in movies and cartoons — all the household devices are interconnected on a single network, which then allows them to wake you up, get your shower ready, set out your clothes and make you breakfast all in synch. That’s a bit of the end-vision for the Internet of Things.
If the concept still isn’t clear to you, check out the below infographic from Goldman Sachs, who explains:
“The Internet of Things, or IoT, is emerging as the next technology mega-trend, with repercussions across the business spectrum. By connecting to the Internet billions of everyday devices – ranging from fitness bracelets to industrial equipment – the IoT merges the physical and online worlds, opening up a host of new opportunities and challenges for companies, governments and consumers.”
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