Read Chris Neiger’s definitive article about Internet of Things on The Motely Fool :
Defining the Internet of Things (IoT) can be simplified down to the connection of everyday things — like homes, industrial equipment, watches, etc. — to the internet, for the purpose of collecting data, tracking usage, and automating systems. While it encompasses many technological devices, it’s important to remember that the Internet of Things spans across all major sectors.
Read his full article here.