IoT is the digitization of the physical world through sensors and connectivity. That may sound kind of jargony, but it’s accurate. When you digitize something, you convert it to data in the form of numerical digits, which allows it to detect, communicate, and respond to other digitized objects. Eventually, all the manufactured objects on the planet will be able to receive and transmit data. Analytic services based on all the data generated by these billions of connected objects will result in system efficiencies and business ideas worth trillions of dollars.
