The defintion of Internet of Things is the concept that eventually, household and other physical objects will be connected to the Internet, able to communicate with each other and their environment.
An example of Internet of Things is the idea that one day our refrigerators will be connected to the Internet, providing data about daily use and ways to improve energy efficiency.
Connecting the physical world to a computer or mobile device via the Internet. Internet of Things (IoT) includes home appliances, door locks, doorbells, thermostats, lighting, sleep monitors, security cameras, fitness bands, as well as sensors for traffic monitoring. It is estimated there will be trillions of IoT devices in the future. See Analytics of Things.Industrial Internet of Things (IIoT)Industrial IoT connects all machines in a manufacturing environment, the benefits being real-time monitoring and preventive maintenance. However, conversion is a major issue because many industrial sensors do not transmit via the Internet protocol (IP over Ethernet). They use modems, RS232/485 and other signaling methods. See IoBT, RS-232 and RS-485.A Unique ID Is RequiredIn order to avoid conflict as more things are connected, items need unique identification. GS1 EPCglobal administers the commercial side, while R&D is done by Auto-ID Labs, which previously developed the Electronic Product Code (EPC) for RFID tags. See RFID, EPC, Internet of Thieves, Internet of Everything, LPWA, IoT gateway, IoT hub, IPv6, M2M and LTE for iOT.