Many organisations are considering the Internet of Things or IoT as standard these days. It is an innovative technology with innumerable applications in agriculture, healthcare, manufacturing, transportation, household and industrial security systems, smart homes, smart cities, etc. And as it becomes ubiquitous in business and home environments, every company should be considering an IoT deployment lest they be left behind.
What is IoT?
According to Oracle, the Internet of Things (IoT) describes the network of physical objects—“things”—that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet. And these little devices can go in your delivery trucks, warehouses, factories, offices and more. If the old idiom, “what gets measured gets managed” is true, IoT allows management on a scale never seen before.
Tern plc (LON:TERN) backs exciting, high growth IoT innovators in Europe. They provide support and create a genuinely collaborative environment for talented, well-motivated teams.