Your IoT Glossary
Need help brushing up on your Internet of Things (IoT) terminology? Our glossary guides you through the acronyms, jargon and all things in between to make sure you’re on top of this technology disrupting our lives.
Internet of Things
The Internet of Things or IoT describes an eco-system of connected devices which can communicate with each other and with people over the internet. We are currently experiencing the first wave of IoT which has already created considerable hype. Through the IoT and with products such as Amazon Echo or Google Nest, we can control thermostats, the electricity and even our sound systems either by voice activation or through another device. Amazing, isn’t it! We are anticipating that future waves of IoT will have embedded blockchain technology or greater capabilities.
Industrial Internet of Things
The Industrial Internet of Things or IIoT is the use of IoT technology but in manufacturing and factory-based work. These industries require IoT to operate on a greater level, with increased capacity and intelligence in order to maximize its benefits. Often referred to as Industry 4.0, IIoT is revolutionising industry, helping cut costs, increase storage and improving use of data.
An IoT platform is an integral part of the IoT eco-system, helping collect, store and analyze data on the cloud before presenting the information on a device. This is most helpful in a business environment, when the IoT platform is able to process data in real-time, showing employers a complete overview of their company, from inefficiencies to maintenance requirements.
An IoT Gateway is a physical device or software program that serves as the point of connection to the cloud for several devices. As multiple devices can connect to the cloud, the gateway translates each protocol, usually at the edge, to make the IoT a reality. An IoT gateway can also provide additional security for the network and data it transports. Through tamper detection and encryption, it can protect data moving to the cloud from leaks or from IoT devices installed with malicious software.
Often abbreviated to M2M, machine-to-machine is a broad term, encompassing all technologies which enable IoT devices to automatically exchange information and perform actions, without the intervention or assistance of humans. The most common form of M2M communication is in remote monitoring. In warehousing for instance, when stock becomes low, the machine will automatically communicate with the distributor that more needs to be delivered. This will save the employer both time and money.
Cloud Computing delivers computing services (data, storage, servers, networking, software etc) over the internet – or the ‘the cloud’. This means that companies can access these resources as a utility (electricity) rather than having to build and maintain computing infrastructures in-house and therefore save money.
As the IoT continues to evolve, there is likely to be more confusing terms! So, if there are any other terms you would like explained, please feel free to comment below and we’ll add them in!