It is estimated that by 2020 there will be 50 billion connected objects making up the IoT.
Whilst the term Internet of Things is a relatively new term, IoT has actually been around for a long time. The term was first used in 1999 but it was actually in 1982 when the first smart device was connected to the internet. It was a coke machine which was able to read its own inventory!!
Since then the IoT has grown and continues to grow at an amazing rate such that the Internet of Things is a convergence of multiple technologies, ranging from wireless communication to the Internet and from embedded systems to micro-electromechanical systems.
There are numerous applications where the IoT is gaining significant traction. Governments recognise this and are keen to take advantage of the IoT to the extent that the UK Government has set aside £40,000,000.00 in their 2015 budget just for research into the benefits of IoT, sensing the IoT to revolutionise everything from transportation through to the household appliances.
With the number of devices being connected increasing exponentially which offer significant opportunities for the empowerment of people and broadening information access. This increase all has significant privacy threats and the potential for social control and political manipulation is not to be underestimated.
The IoT touches just about every sector of the market and as such the benefits are immense and therefore employers are keen to realise the benefits. The IoT encompasses all of the technologies mentioned on this site and many many more. Every IT Vendor, Software Vendor, Telco and technology based business is working with and designing things to push and enhance the IoT. Its breadth and depth means that at any stage in your IT career you will be involved within the IoT. You could be a Software Engineer, a Business Integration Lead and a Platform Architect. You could design connected cities as a planner, or a Network Engineer or you could be in High School and the role that you take has not even been considered yet such is the magnitude of IoT.