As we reported before, according to TechTarget: “The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals, or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.”
Now, there is a new video on IoT by Banyan Hills Technologies:
“There’s a lot of hype and discussion about IoT these days. This video explains IoT, and what it means for the enterprise. IoT is very real, and the next great technology era of our time. In this video, you’ll learn about the similarities between IoT and E-commerce and what it means to retailers and businesses looking to implement IoT to innovate, improve operational efficiency, automate, and drive new revenue.”
A lot of apps and websites that are being built these days are already using IoT to improve efficiency and customer traffic. Recently, i used the GoPro site to buy a camera and added a few more things to my cart which I didn’t buy – got an email early morning that the items that were added in the cart might have a price cut – pretty amazing!