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The extensive set of applications for IoT devices is often divided into consumer, commercial, industrial, and infrastructure spaces. ĭefining the Internet of things as "simply the point in time when more 'things or objects' were connected to the Internet than people", Cisco Systems estimated that the IoT was "born" between 20, with the things/people ratio growing from 0.08 in 2003 to 1.84 in 2010. In 2004 Cornelius "Pete" Peterson, CEO of NetSilicon, predicted that, "The next era of information technology will be dominated by devices, and networked devices will ultimately gain in popularity and significance to the extent that they will far exceed the number of networked computers and workstations." Peterson believed that medical devices and industrial controls would become dominant applications of the technology. The main theme of the Internet of things is to embed short-range mobile transceivers in various gadgets and daily necessities to enable new forms of communication between people and things, and between things themselves. At that point, he viewed radio-frequency identification (RFID) as essential to the Internet of things, which would allow computers to manage all individual things.

The term "Internet of things" was coined independently by Kevin Ashton of Procter & Gamble, later MIT's Auto-ID Center, in 1999, though he prefers the phrase "Internet for things".

According to Lewis, "The Internet of Things, or IoT, is the integration of people, processes and technology with connectable devices and sensors to enable remote monitoring, status, manipulation and evaluation of trends of such devices." Lewis, to the Congressional Black Caucus Foundation 15th Annual Legislative Weekend in Washington, D.C, published in September 1985. The concept of the "Internet of things" and the term itself, first appeared in a speech by Peter T. The field gained momentum when Bill Joy envisioned device-to-device communication as a part of his "Six Webs" framework, presented at the World Economic Forum at Davos in 1999. Between 19, several companies proposed solutions like Microsoft's at Work or Novell's NEST. In 1994, Reza Raji described the concept in IEEE Spectrum as " small packets of data to a large set of nodes, so as to integrate and automate everything from home appliances to entire factories". Mark Weiser's 1991 paper on ubiquitous computing, "The Computer of the 21st Century", as well as academic venues such as UbiComp and PerCom produced the contemporary vision of the IOT. The main concept of a network of smart devices was discussed as early as 1982, with a modified Coca-Cola vending machine at Carnegie Mellon University becoming the first ARPANET-connected appliance, able to report its inventory and whether newly loaded drinks were cold or not.

8.4 Business planning and project management.

8.1 Lack of interoperability and unclear value propositions.

7.8 Intentional obsolescence of devices.

7.7 Environmental sustainability impact.

7 Criticism, problems and controversies.

4.7 Standards and standards organizations.

3.7.1 Social Network for IoT Devices (Not Human).

There are number of concerns about the risks in the growth of IoT technologies and products, especially in the areas of privacy and security, and consequently, industry and governmental moves to address these concerns have begun, including the development of international and local standards, guidelines, and regulatory frameworks. In the consumer market, IoT technology is most synonymous with products pertaining to the concept of the " smart home", including devices and appliances (such as lighting fixtures, thermostats, home security systems, cameras, and other home appliances) that support one or more common ecosystems, and can be controlled via devices associated with that ecosystem, such as smartphones and smart speakers. Traditional fields of embedded systems, wireless sensor networks, control systems, automation (including home and building automation), independently and collectively enable the Internet of things. The field has evolved due to the convergence of multiple technologies, including ubiquitous computing, commodity sensors, increasingly powerful embedded systems, and machine learning. Internet of things has been considered a misnomer because devices do not need to be connected to the public internet, they only need to be connected to a network and be individually addressable.

The Internet of things ( IoT) describes physical objects (or groups of such objects) with sensors, processing ability, software, and other technologies that connect and exchange data with other devices and systems over the Internet or other communications networks. Internet-like structure connecting everyday physical objects