The concept gained steam for its ability to connect the unconnected, physical-first objects previously incapable of generating, transmitting, and receiving data unless augmented or manipulated.
One of the most basic uses of the IoT is to connect devices to the Internet so they can report their status or their local environment.
This data could track required maintenance, improve production efficiencies, reduce downtime, increase safety, and more.
The depth and breadth of IoT applications are creating new opportunities, providing new markets for existing businesses, and improving operational efficiencies.