Pradeep Singh | 5th May 2016
The Internet of Things (IoT) is a network of physical objects (devices, vehicles, buildings, mechanical/digital machines, people etc.) that feature an IP address for internet connectivity, and the communication that enables these objects to collect and exchange data.
There are many different terms used for IoT, for example – Internet of Everything, Networked Society, Industrial Internet Of Things etc. All these terms are either synonym or subset of IoT. IoT is a Superset of network where just about anything can be connected and communicate in an intelligent fashion.
Let’s see how different Technology giants define their IoT initiatives –
Cisco’s Definition of Internet of Everything:
Cisco defines the Internet of Everything (IoE) as bringing together people, process, data, and things to make networked connections more relevant and valuable than ever before-turning information into actions that create new capabilities, richer experiences, and unprecedented economic opportunity for businesses, individuals, and countries.
Ericsson’s Definition of Networked Society:
In the Networked Society, Information and Communication Technologies (ICTs) have taken us to a critical stage – an inflection point – enabling transformative and disruptive change across industries and society, catalyzing an entirely new economic model. The Networked Society promises to deliver growth and prosperity based on greater social cohesion and environmental sustainability.
GE’s Definition of Industrial Internet Of Things (IIoT):
The Industrial Internet allows you to combine brilliant machines with best-in-class analytics to deliver valuable new insights that were never before possible. The results of these powerful analytic insights can be revolutionary for your business by transforming your technological infrastructure, helping reduce unplanned downtime and maximize profitability and efficiency.
IBM’s Definition of IoT:
“It’s not so much about the emergence of new technology, it’s the convergence—the ability to use sensors for everything in the world to basically be a computer, whether it’s your contact lens, your hospital bed, or a railway track.” – Harriet Green (GM, IBM Watson IoT)
Microsoft’s Definition of IoT:
The Internet of Things (IoT) starts with your things—the things that matter most to your business. IoT is about making your data come together in new ways. Tap into data with IoT dashboards. Uncover actionable intelligence. And modernize how you do business. Welcome to the Internet of your Things.
BOSCH’s Definition of IoT:
After file transfer, e-commerce, and social media, connecting things is the next generation of the internet: the Internet of Things (IoT). Connected things can be anything from sensors and security cameras to vehicles and production machinery – Bosch Software Innovations expects there to be 14 billion connected devices by 2022.