1) The Internet of Things (IoT) refers to the network of physical objects or 'things' embedded with electronics, software, sensors, and connectivity to enable the collection and exchange of data.
2) IoT allows objects to be sensed and controlled remotely via existing network infrastructure, creating opportunities to directly integrate the physical world with computer systems.
3) IoT includes a wide range of devices from sensors implanted in farm animals to automobiles to environmental monitoring devices that can autonomously exchange data to improve efficiency.