It all started with when Kevin Ashton, working as a brand manager trying to figure out and track the amount of lipstick available on the shelves. In 1999, the term “Internet of Things” was coined by Kevin Ashton utilising RFID to track such assets. Twenty more years down the road, IoT has become a key technology not only to keep track of such asset but also create new products and services which can disrupt many businesses.
It ranges from manufacturing to agriculture and to Smart Cities. In fact, it can offer better tracking and monitoring solutions for end consumers using wearables devices. What we are seeing now is just the tip of the iceberg. There are many more applications can be built. The combinations of customised hardware or sensors, different kinds of connectivity, the power of the cloud and analytics brings forth unimaginable innovative solutions for the end-users.