LAB: IOE 13
A Techonomy Lab: Man, Machines, and the Network
The Internet of Everything. Machine-to-Machine. The Internet of Things. The Industrial Internet. A new language is emerging to describe a fundamental shift in the tech landscape.
First used in 1999, the term “Internet of Things” was coined by Kevin Ashton, a P&G brand manager, who went on to MIT to start an RFID research consortium. Now, intelligence is getting distributed more and more broadly across the social and business landscape, as sensors measure and observe phenomena from the temperature of our bedroom to the state of a chemical plant to the pace of our heartrate. Meanwhile, data storage is practically free so all this accumulating information can be saved, even if sense cannot be made of it immediately. Software, both industrial and as apps in the hands of individuals, is enabling rapid advances in analysis and control of the physical world. Our lives are and will be changed. Some call it the Internet of Everything, the term we prefer, as big a shift as the invention of the Internet itself.