Saturday February 29, 2020

Internet of Things: Connecting to your things

The Internet of Things is going to become a multitrillion-euro industry by 2020. Killian Woods explains what this means for you

Killian Woods

Business reporter

@killianwoods
7th September, 2014
The Internet of Things is about improving consumer connectivity using wireless internet networks, and allowing them to remotely control everyday appliances.

In January of this year, the Internet of Things (IoT) gold rush became truly apparent when John Chambers, chief of Cisco, touted the industry as a $19 trillion goldmine. In his keynote at the International Consumer Electronics Show in Las Vegas, Chambers told crowds that the ripple effects of this industry growing would not only boost our connectivity with everyday appliances, but also significantly reduce society’s negative impact on the environment.

The IoT is...

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