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The Internet of Things (IoT) is a term coined by Kevin Ashton, a British technology pioneer working on radio-frequency identification (RFID) who conceived a system of ubiquitous sensors connecting the physical world to the Internet. Although things, Internet, and connectivity are the three core components of IoT, the value is in closing the gap between the physical and digital world in self-reinforcing and self-improving systems.
IOT or internet of things is an upcoming technology that makes use of internet to control/monitor electronic/mechanical devices, automobiles and other physical devices connected to the internet. IOT gives user the ability to control more than digital things easily through a comfortable GUI over the internet. We are amongst the pioneers researching in the field of internet of things.
The Internet of Things (IoT) is the network of physical objects accessed through the Internet. These objects contain embedded technology to interact with internal states or the external environment. In other words, when objects can sense and communicate, it changes how and where decisions are made, and who makes them. For example Nest thermostats.