The Internet of Things (IoT) represents the vision that every object and location in the physical world can become part of the Internet...
Objects and locations are generally equipped with network, storage and computing capacities and so they become smart objects that can take in information about their environment and communicate with the Internet and other smart objects. So, smart things are hybrids, composed of elements from both the physical and digital worlds.
The key layer connecting both worlds is the connectivity layer. The physical world is not just about hardware, but also more and more software nowadays (think cars). However, a physical thing becomes “smart” when it connects to the digital world. [...]
To read the whole post and interact, please visit the SogetiLabs blog: IoT: Connect Physical and Digital Worlds for New Business Models