Deloitte: What is the "Internet of Things?"

People define the Internet according to how they use it at work or for personal use. Today, there is increased discussion on the topic of the Internet of Things or IoT. What this IoT will mean to consumers and businesses is still evolving.

One term that closely follows IoT is data. According to Deloitte Insight, the Internet of Things has not entirely changed the rules of the game. However, the data being generated and the use of advanced analytics is shifting the ways in which companies can achieve valuable, inimitable differentiation.