IoT and Cloud computing are not just buzz words which will cease to mean anything in a few years, they try and define a technology group which fulfil a business need in today connected world.
We have been connecting sensors to computers and servers for years, now it has a name.
Gathering data from the world around us, industrial processes and niche scientific phenomenon creates large amounts of data. This data needs to be stored, processed and analysed. IoT defines, or suggests a framework for how this data is collected, transmitted and processed.
Being in this industry for many years, we have adapted to new technology in sensors, protocols and cloud computing, at the heart of it though, we never use the latest trend in technology without thoroughly evaluating its usefulness, impact on existing infrastructure and life expectancy.