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what is the internet of things (IoT)
Intelligent interactivity between human and things to exchange information & knowledge for new value creation.
IoT allows objects to be sensed and controlled remotely across existing network infrastructure, creating opportunities for more direct integration between the physical world and computer-based systems, and resulting in improved efficiency, accuracy and economic benefit.
3 steps of IoT
Information is collected by sensors
information is transmitted through networks
Information is analyzed by machines or people
Potential pros of IoT
Reduce cost
New revenue potential
improve performance
Create innovative services
Privacy
ability of individuals to control how their personal information is collected, managed and used
How can our information be collected
Areas where you are required to put your information
Your actions are tracked
Public records
Information gets leaked from a data breach