By Jonathan Townsend
These are exciting times for tech-driven integration. The Internet of Things is in fact taking over the world in both concept and practice, perpetually changing the way industries work together. The IoT has spurred the rapid evolution of ideas that affect our day-to-day activities and will undoubtedly accelerate the tech world's capability to make digital ecosystems 'of the future' a present-day reality.
According to Gartner, "The Internet of Things installed base will grow to 26 billion units by 2020. IoT product and service suppliers will generate incremental revenue exceeding $300 billion, mostly in services, in 2020. It will result in $1.9 trillion in global economic value-add through sales into diverse end markets.”
At the core of IoT is the principle of using sensors to connect smart technologies with everyday life. The practice of mining data from the sensors that make up an IoT ecosystem is what ushers forth and shapes a brave new world full of technologies that automate processes, expedite progress, connect industries, and ultimately, improve overall user experiences.
The chances are great that you've seen the widening array of embedded applications that make the IoT a tangible thing. For example, wearable technologies are redefining the fitness world; word processing algorithms and...