"Internet of Things" has been a phrase thrown around for a while now, but that doesn't mean it's tired and old hat. On the contrary I believe we're on the verge of a whole new era. We're poised to take all of the electronic and computing advances of the last fifty years and make a great leap forward, soon we won't be operating our devices, they'll simply do what we want them to do, with minimal intervention on our part.
Not Everything Is Online
These 'things' we discuss don't even need to be connected to the internet directly; currently we (the S. P. Keasey Trading Co.) are working on a project which involves magnetic card readers. These cards are things, and they're not online, but they can still be utilised with other hardware to result in more online data providing allowing for further analytical opportunities. In essence the internet of things comes down to sensors, measuring all kinds of scenarios, from light and sound levels, temperature via thermostats and more. Connecting those sensors to the online world generates usable information, and when the systems we work with can modify the environment those sensors work in we really start dabbling in the realm of magic.