The “Internet of Things” to refers to the general idea of things, especially everyday objects, that are readable, recognizable, locatable, addressable, and/or controllable via the Internet. This ties into the business planning that was mentioned in the previous post on “Tools“. These innovations are exactly the kind of things we will be vetting out as we plan out our new business:
“Ideally, the following use cases could be common in ten to fifteen years. To complete shopping in bricks-and-mortar retail stores, customers could simply walk through doorways to check out, debit accounts, and receive e-receipts that they can inspect via the displays on their cell phones. A soldier could rapidly learn how to perform a maintenance procedure by scanning an item of equipment using a handheld device and reading the device’s display. Handheld devices could become not only information sources but universal remote controls for the environment—user interfaces for engaging lights and appliances, locating misplaced and loosely-organized objects, diagnosing problems with systems, and controlling tele-operated objects from greater or lesser distances.”
The Internet of Things (PDF) appears to have ben coined by a member of the RFIDS development community around 2000. I would suggest downloading the PDF, printing it out, and thinking about some of the ideas put forth in the paper. As always, think big, because NOW is when the game will change.