By Chris Nolter | Oct 18, 2016
A look at some of the most significant events in the development of the Internet of Things.
Networked devices predate the term “Internet of Things,” going all the way back to a toaster that was connected to the Internet back in 1990. Since then, industry, utilities and trucking and logistics companies have all begun connecting their machines and assets to various systems and to each other, with the actual phrase “The Internet of Things” being coined in 1999.
Since 2008, the use of networked devices by consumers and companies has accelerated dramatically, and Cisco (CSCO – Get Report) now predicts that there will be 10 billion connected mobile devices by 2018, or 1.4 for each person on the planet. Here’s a look at some key moments in the development of the transformative trend.