The document discusses the evolution and development of the Internet of Things (IoT) from its origins in 1982 to its projected growth through 2023. It describes how IoT allows devices to connect, exchange data, and communicate over the internet or networks. Examples of early IoT devices include a soda vending machine monitor and an internet-connected toaster. The document outlines key features, pros, and cons of IoT, as well as common business applications in areas like supply chain management, manufacturing, and predictive maintenance.

1. The Internet
of Things

2. MBA BATCH 2023-2025
Submitted by:
Akshit Saini
Kushagra Soni
Vivek Yadav
Deepak Parmar
Pavan Mewada
Trending Technology
Submitted to:
Dr Archana Nag

3. • IOT ( Internet of Things )
Describes the devices with
sensors Processing ability,
software and other
technological that Connect
and Exchange Data with
other Devices and the
systems over the internet or
other communication
network.
• In 1999 Scientist Kevin
Ashton First time Introduce
about the iot
• He Said…
What is the IoT?

4. Example

5. Evolution Of IoT
1982 – A graduate student in Carnegie Mellon University’s computer science department wants to know if his
department’s soda vending machine has cold soda bottles but doesn’t want to go all the way there to check as the
machine is quite a distance from his classroom. So, with the help of two fellow students and a research engineer, he
develops a code that can let anyone on the university ARPANET monitor the status of the vending machine; whether it
has soda bottles and whether they are cold or not. The evolution of IoT began here.
1989 – English computer scientist Tim Berners Lee proposes the framework of the World Wide Web and lays the
foundation of the Internet.
1990: Kevin Ashton coins the term "Internet of Things" .
1990 – MIT’s John Romkey invents a toaster that can be turned on or off via the Internet. It was connected to a
computer as there was no Wi-Fi then, but this toaster is considered to be the world’s first IoT device – the first ‘thing’ in
the Internet of Things.
1999 – Current Executive Director of Auto-ID Labs at MIT, Kevin Ashton, coins the term Internet of Things (IoT) in a
presentation he makes at Proctor & Gamble about linking RFIDs in their supply chain to the internet.
1999: The first commercial IoT device, the Troxler Electronic Thermometer, is released.

6. 2003-2004 – The term IoT starts to be used widely in mainstream publications like The Guardian and Scientific
American.
2005 – The United Nations International Telecommunications Union acknowledges the impact of IoT in its report.
2008 – The first IoT conference is held in Zurich, bringing together researchers and practitioners from academia
and industry to take part in the sharing of knowledge. In the same year, the US National Intelligence Council
recognized IoT as one of the six disruptive civil technologies.
2011 – The Cisco Internet Business Solutions Group (CIBSG) announces in their white paper that the true birth of
IoT was between 2008 and 2009 where the number of things connected to the internet exceeded the number of
people connected to it.
2012 and beyond – Companies like Apple and Samsung make waves with their smartphones, there is a
proliferation of AI-powered personal assistants like Google Home and Amazon Alexa, we all start to have devices
that control individual things in our home, all working in concert with our computers and phones to share data and
interact.
2012: The term "Internet of Everything" (IoE) is introduced to describe the convergence of IoT with other
technologies such as big data and cloud computing.
2017: The first commercial blockchain-based IoT platforms are launched.
2023: The number of active IoT devices worldwide is expected to surpass 35 billion

7. Features Of IOT
1.) CONNECTIVITY
2.) SENSORS and ACTUATORS
3.) DATA COLLECTION AND ANALYSIS
4.) PREDICTIVE MAINTENANCE

8. PROS Of IOT
1.Efficiency: IoT devices automate tasks, saving
time and effort.
2.Convenience: Control devices remotely using
smartphones or tablets.
3.Cost Savings: Efficient use of resources lowers
operational costs.
4.Data Collection: Collect vast amounts of data
for analysis and decision-making.
5.Better Quality of Life: IoT applications improve
healthcare, safety, and overall quality of life

9. Cons Of IOT
1.Privacy Concerns
2.Security Risks
3.Dependency
4.Maintenance
Challenges:IoT devices
need updates and
maintenance, which can
be tricky

10. Application In Business

11. It’s Application
• Supply Chain Management: IoT sensors and tracking devices can
be used to monitor the location and condition of goods in transit.
This helps in optimizing routes, reducing theft, and ensuring the
quality of products during transportation.
• Manufacturing and Industrial IoT (IIoT): IoT is widely used in
manufacturing for process optimization, quality control, and equipment
monitoring. IIoT can help improve production efficiency and reduce
defects.
• Inventory Management: IoT enables real-time tracking of inventory levels and can trigger automatic reordering
when supplies are low, reducing stockouts and overstock situations.

12. It’s Application
• Predictive Maintenance: IoT sensors on machinery and equipment
can provide data on their condition and performance, allowing
companies to schedule maintenance or repairs proactively, reducing
downtime and maintenance costs.
• Healthcare and Remote Monitoring: IoT devices are used for remote
patient monitoring, medication adherence, and managing chronic
diseases. In healthcare businesses, IoT can improve patient care and
reduce hospital readmissions.
• Agriculture and Precision Farming: IoT applications help farmers monitor soil conditions, weather, and crop
health. This data can be used to optimize irrigation, fertilization, and harvesting, leading to improved yields and
resource efficiency.

13. Examples
Starbucks uses IoT sensors
to track the inventory of its
coffee beans and milk, and to
optimize its coffee brewing
process.
Nike uses IoT sensors in its
shoes to track athlete’s
performance and provide
feedback on how to improve.
Tesla uses IoT sensors in its
cars to collect data on driving
habits and performance. This
data is used to develop new
features and improve safety.
Starbucks Nike Tesla

14. Examples
Amazon uses IoT sensors in its
warehouses to track the
location of inventory and
optimize picking and packing
operations.
Rolls-Royce uses IoT sensors in its
aircraft engines to collect data on
performance and condition. This data
is used to predict when maintenance
is needed and to develop new engine
technologies.
Amazon Rolls-Royce

15. Thank You
Overall, the IoT has the potential to revolutionize the way that businesses
operate. By connecting devices to the internet and collecting data, businesses
can gain new insights and improve efficiency, productivity, and profitability.