The Internet of Things refers to data sensing and communication between “things” across networks. A thing can be any physical object or any human or animal equipped with a “smart” device. An IP address is assigned to each of these objects or “things”, and provided with the capacity to communicate and transfer data over the Internet without the need of a human to computer interaction.
The Internet of Things has always been dreamed of and written about, but now it is becoming a reality with the increase of IP address space due to the adoption of the IPv6 standard. Now, there are enough IP addresses to be assigned to every “thing” on the planet, and more. According to Steve Leibson, who identifies himself as “occasional docent at the Computer History Museum,” the address space expansion means that we could “assign an IPV6 address to every atom on the surface of the earth, and still have enough addresses left to do another 100+ earths.” (TechTarget)
With that being said, one can easily predict that the world is moving to a new era where every thing is connected. People, homes, cars, products, cameras, gadgets, appliances, medical devices, and even objects that haven’t been conceived of yet will all be able to communicate and share data across many platforms.
As more objects get “smart” and connected, that is to say assigned IP addresses, embedded with various sensors and able to communicate across networks, the implications to business are vast.