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System of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction. Examples include the control of lights or air-conditioning systems from a remote location, and autonomous cars.
Internet of things (IoT) refers to networked sensors attached to outputs, inputs, components, materials or tools used in production. This encompasses electronic monitoring systems and wearable computing devices used for different purposes including monitoring work processes and employee performance and ultimately guiding management decision-making.