The Internet of Things, or IoT, is coming to the fore in the daily life of the digitized company and in the columns of different media. We summarize a list or decryption of the unavoidable terms of the sector below:
The digitization of the company generates a large amount of data, and that is nothing compared to the immense volume of data that connected objects will emit. Big Data is based on the collection and exploitation of information from sensors, in order to extract intelligence, for example, highlighting correlations and trends that can be exploited for business purposes.
Interoperability represents the ability of different hardware and software to work together. Interoperability is when heterogeneous systems are able to exchange data and enable information sharing.
Internet Protocol version 6 or IPv6 technology is one of the mainstays of the IoT development: it allows assigning an IP address to each sensor on the planet. Using 128-bit (16-byte) addresses, the current technology, IPv4, would eventually have exploited all combinations. With IPv6, using 32-bit addresses (4 bytes), the total number of possible IPv6 addresses is more than 7.9×1028 times as many as IPv4, which uses 32-bit addresses and provides approximately 4.3 billion addresses.
M2M, Machine to Machine
M2M, or machine-to-machine, is the name given to the communication being carried out between machines; thanks to the technologies that enable telecommunications and the computing without human intervention and automate actions. M2M is generally considered the precursor of the Internet of Things.
NFC, or Near Field Communication, is based on short-range wireless communication technology (less than 10 cm). Most of the time, it integrates a smartphone or a bank card, to allow making payments without contact. The development of this technology has passed the validation of tickets in bus or metro, and it enables the start of a car without key or unlocking the door of a hotel room that are happening in our daily lives.
Wireless communicating electronic object for sharing contextual or environmental information with a computer, tablet or smartphone connected to the Internet. The number of connected objects in the world by 2020 varies from 15 to 60 billion according to estimates.
The quantified self is a movement that consists in improving self-knowledge through the measurement of data relating to our body. Through the use of sensors integrated with connected objects or web and mobile applications, the collection, analysis and sharing of data becomes accessible to all.
Smart metering, or smart metering, relies on smart meter technology. This equipment will measure the energy or water consumption of a home, building or business, in real-time, and transmit it to the supplier. It is estimated that smart meters will reduce energy consumption by 8.7% by 2020.
Wearables are connected objects worn by the users; for example, bracelets, watches, glasses, clothes, shoes are among the most popular wearables.