Let's make this simple – The internet of things is the next evolution of the Internet. Think of any device with on and off switch or connection to the internet, for example: smartphones, coffee makers, washing machine, refrigerator, computers, lightbulbs, and anything else you can think of. IoT is a huge network that connects devices with devices, devices with people and people with other people. In 4 years Cisco IBSG predicts there will be over 50 billion devices connected.
The Internet of Things will have a huge impact to everyone's lives in the next few years, which can help people, businesses and society on a daily basis.
To learn more about IoT go to: http://www.forbes.com/sites/jacobmorgan/2014/05/13/simple-explanation-internet-things-that-anyone-can-understand/#10862ab66828