1. The term Internet of Things was coined by Kevin Ashton while working for Procter & Gamble in 1999…
2. But, according to Forbes, 17 years later, 87 percent of people actually have no idea of what the IoT means or what it stands for.
3. What’s the first application of connected devices? The concept of a network of smart devices was discussed as early as 1982, with a modified Coke machine at Carnegie Mellon University becoming the first internet-connected appliance, able to report its inventory and whether newly loaded drinks were cold.
4. However, many people say the IoT’s roots go back even further. According to Intel, ATMs were the first end user-oriented elements to be connected online back in the 1970s.
5. For every living person on earth, there will be between two and six connected things by 2020, according to IoT Analytics.