Introduction to Internet of Things (IoT) in Business

These flashcards cover key vocabulary terms related to the concepts of Internet of Things (IoT) and Machine to Machine (M2M) technologies in a business context.

Internet of Things (IoT)

A network of physical devices connected to the internet, enabling them to collect and exchange data.

Machine to Machine (M2M)

Technology that allows devices to communicate with each other without human interaction, primarily via wired or wireless communication networks.

Smart City

An urban area that uses various types of electronic data collection sensors to supply information used to manage assets and resources efficiently.

ATM (Automated Teller Machine)

A machine that allows people to perform financial transactions without the need for a human teller.

Smart Meter

An advanced type of meter that records consumption of electric energy and communicates that information to the utility for monitoring and billing purposes.

Connected Vehicles

Vehicles that communicate with each other and the surrounding infrastructure to improve safety and efficiency.

UAV (Unmanned Aerial Vehicle)

A drone or robot aircraft that can be used for various applications including surveillance, delivery, and agriculture.

Smart Dust

Microscopic devices that can sense environmental conditions and transmit data wirelessly.

Emerging IoT Applications

New areas of application for IoT technologies including connected gadgets, wearables, and environmental monitoring.

Differences between M2M and IoT

M2M focuses on specific applications with machines communicating directly, while IoT enables broader connectivity including humans and other devices, with capabilities for data analytics and cloud integration.