By 2020 there will be over 40 billion connected devices
The Internet of Things (IoT), simply put, is a system of interrelated computing and mechanical devices, digital machines, objects, animals, or people with the ability to transfer data without requiring human-to-human, or human-to-device interaction. In other words, any device that can be turned on and off now has the capability to connect to the Internet. Unlocking data, such as occupancy and location can form a relationship between people-people, people-things, and things-things. The IoT allows for anything that can be connected, to connect.