IoT stands for "Internet of Things." It refers to the network of physical objects, devices, vehicles, buildings, and other items that are embedded with sensors, software, and connectivity, allowing them to collect and exchange data over the internet. The concept of IoT involves connecting these "things" to the internet to enable communication and control, creating a smart and interconnected world. IoT devices can range from simple sensors to complex machines and appliances, such as home thermostats, security cameras, industrial machinery, and even vehicles.
The data collected by IoT devices can be used for various purposes, including improving efficiency, enhancing safety, optimizing performance, and enabling new services and business models. With the growth of IoT, there is enormous potential for innovation and transformation across industries and domains.