In simple terms, IoT is a giant, digitally connected universe of billions of physical devices around the world; “things” that collect and share data about how they’re used and the environment around them. These objects are embedded with internet connectivity, software, sensors, and other hardware that enable them to connect and exchange data with other systems and devices over the web.

IoT extends the power of the internet beyond smartphones and computers to ordinary household objects such as lightbulbs, locks, smart microwaves, wearable fitness devices, sophisticated industrial tools, and self-driving cars, affording them a higher degree of analytical and computing capabilities.