Internet of Things (IoT) demystified. The IoT is a network of connected physical things: IoT devices, endpoints and IoT-enabled assets, ranging from consumer devices to industrial assets such as machines and plants.
These IoT devices and assets are equipped with electronics, including transducers such as sensors and actuators, connectivity/communication electronics and software to capture, filter and exchange data about themselves, their internal/external state and the environment they physically reside in. IoT is an essential driver for customer-facing innovation, data-driven optimization and automation, digital transformation, innovation, research and development and entirely new applications, business models and revenue streams across all sectors.

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