This article is published by AllBusiness.com, a partner of TIME. The Internet of Things (IoT) refers to a network of physical devices, vehicles, appliances, and other objects embedded with sensors ...

The Internet of Things is the key enabling technology in the Industry ... "A set of standards coming out of Germany that define the processes and procedures used in implementing IOT in manufacturing." ...

In 1999, British technologist Kevin Ashton coined the term Internet of Things to define a network that not only connects people, but also the objects around them – like that Coke machine at CMU.

DEFINITION: The interconnection of physical objects through electronics, software and wireless networks, enabling them to send and receive data. An example of a sustainable use of the IoT is a smart ...