The web has forever transformed and continues to transform the ways we do things in our private lives and in the world of business. It empowered an explosion of initiation, to big data and analytics from cloud and cellular alternatives to social networking and has spawned, ruined old business models and created new ones.

The web has delivered IoT: the Internet of things, or its latest game changer. By the end of 2020 that number will increase to 25 billion, or more than three matters on the web for every single individual in the world.

IoT is hardly on the radar of the majority of small and medium business (SMB) decision makers. IoT ranked at or close to the base. Just 18% of 13% of moderate company decision makers and modest picked IOT among their top three priorities.

Just like most technology terms, there’s an overabundance of definitions for IoT. Based on NIST, IoT is part of what it conditions cyber-physical systems (CPS):

These systems form the basis of appearing and future smart services will supply the foundation of our critical infrastructure, and enhance our quality of life in several places. Cyber-physical systems will bring improvements in electric power generation, emergency response, traffic flow direction, and personalized health care and delivery, along with in a number of other areas only being imagined.

In laymen’s terms, IoT is when “things”-objects, individuals, creatures, etc.-are equipped with detectors and put an IP address. These detectors are programmed to send data above a network automatically, in order to get and make use of the data to make better choices. Using IoT, individuals handle the real environment more economically and can monitor, measure, access.