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http://www.mobilepundits.com/internetofthings.html
The Internet of Things is a growing network of everyday objects – from
industrial machines to consumer goods – that can share information
and complete tasks while you are busy with other activities, like work,
sleep or exercise.
The things (or assets) themselves.
The communication networks connecting them.
The computing systems that make use of the data
flowing to and from our things.
Using this infrastructure, objects or assets can
communicate with each other and even optimize
activities between them based on the analysis of
data streaming through the network.
Future of IoT: In the near future the Internet and wireless technologies will connect different sources of information such as sensors, mobile phones and cars in an ever tighter manner.
http://www.mobilepundits.com/internetofthings.html