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The Internet of Things (IoT) is one of the most hyped trends in tech, and its revolutionary potential is starting to solidify into a reality. It’s becoming a common saying that the internet of things will be as transformative as the industrial revolution. Literally the way that every single school, hospital, warehouse, government organization and business connects to the physical world around them, will change. The Internet of things or IoT is the internetworking of physical devices, vehicles, buildings, and other items embedded with electronics, software, sensors, actuators, and network connectivity that enable these objects to collect and exchange data. The Internet of Things is creating a new world, a quantifiable and measureable world, where people and businesses can manage their assets in better informed ways, and can make more timely and better informed decisions about what they want or need to do. This new connected world brings with it fundamental changes to society and to consumers. By sensing our surrounding environment, the IoT will create many practical improvements in our world, increasing our convenience, health and safety, while at the same time improving energy efficiency and comfort. The IoT will be a new source of wealth creation.
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