network of physical objects that contain embedded technology to communicate and sense or interact with their internal states or the external environment." Gartner! ! !
• Nest acquisition by Google worth $3.2 billion • Cisco will fund $150 million at IoT • 50 billion devices will be connected to internet by 2020 • The potential economic impact of Iot will be $2.7 trillion to $6.2 trillion per/year by through 2025 ! ! ! source : http://postscapes.com/internet-of-things-market-size